Banking and Finance Laws

Includes transfer of assets, transfer of liabilities, bearing of expenses, operating on appointment, and borrowing of funds.

Loans are classified into normal, attention, substandard, dubious or loss loans.

Eliminate certain restrictions on the setting up and the activities of foreign-funded financial institutions.

National LegislationCustomsGeneral Administration of Customs Announcement 2001 No.15: Repeal of a List of Normative Documents海关总署公告2001年第15号:…

On December 12 2001 the State Council promulgated the PRC Regulations Concerning the Administration of Foreign-funded Financial Institutions (the New Regulations),…

The China Securities Regulatory Commission (CSRC), the watchdog of the Chinese securities market, hopes to improve the quality of Chinese investment banks…

China's accession to the World Trade Organization is expected to create new opportunities for foreign banks. By June 2001, 190 foreign invested banks had…

Taiwan has become a new member of the World Trade Organization. An excerpt on how it has prepared itself to meet the challenges of stronger ties to its global trading partners.

The impact of membership in the World Trade Organization is already being seen in legislative changes in China. The People's Bank of China (PBOC) and the…