This Supplementary Circular supplements the Circular on Verification of Short-term Foreign Debt Quotas of Foreign-invested Banks in China for the Year 2005 (Hui Fa [2005] No. 4).
Issued: June 8 2005Main contents: The Circular allows fund management companies to use their own funds to engage in fund investments and specifies the…
This Circular allows fund management companies to use their own funds to engage in fund investments only if it has net assets of at least Rmb 50 million and that the amount of fund shares it holds do not account for more than 60% of its net assets.
These Procedures aim to regulate the pilot projects for securitization of credit assets, protect the lawful rights and interests of investors and relevant parties, improve the circulation of credit assets, and increase the types of securities projects.
Promulgated: May 11 2005Effective: June 15 2005Interpreting authority: People's Bank of ChinaApplicability: The term 'bond forward transaction' (hereafter,…
Issued: May 19 2005Effective: as of date of issueMain contents: From the experience of launching pilot reform projects in some regions for foreign exchange…
Promulgated: May 11 2005Effective: June 1 2005Applicability: The term 'asset valuation institutions' refers to lawfully established social intermediaries…
Promulgated: April 20 2005Effective: as of date of promulgationInterpreting authority: People's Bank of China and China Banking Regulatory CommissionMain…
Issued: April 8 2005Main contents: The Circular sets the short-term foreign debt indicators for Chinese-invested banks for the year 2005 at US$24.391 billion…