Promulgated: February 27 2003Effective: April 1 2003Applicability: For the purposes of these Regulations, "venture capital investment" means equity investment…
The past several years have seen continuous growth in China's investment funds market, and especially in open-end funds. The China Securities Regulatory…
Rules on foreign-invested venture capital enterprises were promulgated in 2001, but fell considerably short of expectations. New rules in this important area have recently been issued. Have they overcome the limitations of the prior rules?
Issued: January 7 2003Interpreting authority: State Administration of TaxationApplicability: Disposal of financial assets refers to enterprises that obtain,…
Driven by the desire to gain a better position before China fully opens its banking sector according to its WTO commitment, and encouraged by several precedents…
Futures trading in China has had a chequered past. New rules make for a limited opening of the sector, and might constitute a new beginning for China's futures markets, though further legislation is needed to clarify the opportunities for foreign investors.
Driven by the desire to gain a better position before China fully opens its banking sector according to its WTO commitment, and encouraged by several precedents…
New regulations from the central bank target the use of financial institutions to launder funds obtained by criminal means. Under new rules, both renminbi and foreign currency transfers through financial institutions under the PBOC's supervision will come under heightened scrutiny.