Banking and Finance Laws

By Wantao [email protected] June 17 2004, the People's Bank of China and the China Banking Regulatory Commission (CBRC)…

Issued: June 25 2004Effective: as of date of issueApplicability: The Circular also applies to investments in subordinated bonds by insurance asset management…

By David Liu anad Natasha [email protected]; [email protected]: www.pdlo.comCall option arrangements are frequently seen in M&A deals,…

Promulgated: August 10 2004Effective: 30 days after date of promulgationApplicability: "Foreign trade operators" refers to individuals engaging in foreign…

Pension reform in China has been high on the government's agenda for many years. Issues such as providing for an aging population and generating the institutional capital that can be reinvested in the economy will be discussed in this feature.

CSRC has released a new circular which governs spin-off listings of subsidiaries of A share-listed companies.

By Michael [email protected]: www.freshfields.comThe State Council's Reform of the Investment System Decision (the Decision), issued…

New rules have been promulgated by the China Banking Regulatory Commission to oversee group finance companies. The regulatory body retains its assertive role in the finance sector.

By David [email protected] August 5 2004 GMAC-SAIC Automotive Finance Co. Ltd began to operate in China. The venture was established…