From September 8 2006, share swaps will be allowed instead of cash payment when foreign companies merge with or acquire PRC companies, according to the…
September 02, 2006
Banking and Finance Laws
Issued: May 28 2006Main contents: The Circular specifies the procedures for foreign-invested banks applying to engage in the provision of overseas financial…
September 02, 2006Issued: August 14 2006Effective: as of date of issueMain contents: Fund management companies shall provide for risk reserves from their fund management…
September 02, 2006Issued: May 23 2006 Effective: June 1 2006Main contents: The Circular allows insurance institutions to collect insurance premiums either in renminbi or…
September 02, 2006Issued: July 6 2006Effective: as of date of issueMain contents: Money brokers shall, prior to entering the interbank market to engage in brokerage business,…
September 02, 2006Promulgated: June 5 2006Effective: July 1 2006Interpreting authority: Shanghai Stock ExchangeApplicability: The term "internal controls" refers to the…
September 02, 2006The China Banking Regulatory Commission (CBRC) has circulated a draft notice detailing the requirements for foreign banks to conduct retail business in…
September 02, 2006The China Securities Regulatory Commission (CSRC) has issued new regulations that will require China's securities companies to keep their capital provisions,…
September 02, 2006Promulgated: November 14 2005 Effective: January 1 2006Main contents: The Provisions apply to unpaid amount disputes arising in connection with applications…
September 02, 2006This Circular provides implementing procedures to the earlier issued Tentative Measures for the Administration of Overseas Financial Management Services Offered by Commercial Banks on Behalf of Customers.
September 02, 2006