Banking and Finance Laws

Issued: January 14 2003Effective: July 1 2003Main contents: When defining the term "events after the balance sheet date", the revised Guidelines make it…

With the fast growth in China's capital markets, the country's banking, securities and trust industries have shown a marked interest in developing new…

Bancassurance has plenty of scope for growth in China but the regulatory hurdles to greater integration of the marketing of financial products mean that alternative investment strategies must be pursued, at least for the foreseeable future.

Since 1990, the PRC has established 15 Free Trade Zones, in Shanghai Waigaoqiao, Tianjin Tanggu, Dalian, Qingdao, Zhangjiagang, Ningbo, Guangzhou, Shantou,…

As anticipated, market participants are responding very positively to the implementation of a new legal framework for securitization in Taiwan. The Ministry…

The body of laws governing the bidding process for construction projects in the PRC has seen an important new addition, with the Invitation and Submission of Bids for Construction Projects Procedures (the New Procedures) issued on March 8 2003 and effective May 1 2003.

Issued: March 18 2003Effective: as of date of issueMain contents: For companies with successive loss for two years as a result of material accounting mistakes…

Issued: April 10 2003Effective: September 1 2003Interpreting authority: People's Bank of China (PBOC)Applicability: "Depositors" includes enterprises and…

Issued: April 15 2003Main contents: The Notice lists 21 types of items in respect of which administrative examination and approval requirements are to…