Banking and Finance Laws

By Winston Zhao and Lucy Li, Jones Day, ShanghaiBecoming a WTO member is not only about reducing tariffs and import quotas _ it is also about China becoming…

New SPC rules on disputes over futures trading focus on the primacy of contractual issues, and form a counterpoint to legislation that traditionally has focused on regulating the futures industry at the macro-level.

The authorities are playing a game of catch-up with China's booming real estate sector, and have issued regulations recently that attempt to rein in speculative lending for real estate projects.

The authorities are playing a game of catch-up with China's booming real estate sector, and have issued regulations recently that attempt to rein in speculative lending for real estate projects.

Promulgated: May 29 2003Effective: July 1 2003Main contents: Adjustments are made to the examination and approval authority over establishment of new bank…

Issued: May 28 2003Effective: January 1 2003Main contents: The Circular clarifies three transition issues concerning enterprise income tax preferential…

National LegislationGovernment and AdministrationState Council, The Second Batch of Items in Respect of which the Administrative Examination and Approval…

Adopted: April 22 2003Effective: as of date of adoptionInterpreting authority: The All China Lawyers' AssociationApplicability: "Securities legal business"…

Issued: June 20 2003Effective: July 1 2003Main contents: Item One of the Circular allows wholly Chinese-owned insurance companies, Sino-foreign equity…