Banking and Finance Laws

The newly revised QFII rules aim to lower the entry threshold and allow more QFIIs into China's capital market. What investment restrictions have been lifted? Are there significant improvements to the original rules?

Issuance of hybrid capital bonds now requires disclosure of various matters, which include the capital adequacy ratio for the past three years, business position, risk alert, and so on.

Issued: September 1 2006Effective: as of date of issueApplicability: In the event of a conflict between existing provisions and this Circular, this Circular…

The State Administration of Foreign Exchange (SAFE) has approved China's first qualified domestic institutional investor (QDII) foreign-currency fund;…

Promulgated: August 27 2006Effective: June 1 2007Main contents: The Law comprisesPart One: General ProvisionsPart Two: Petition and AcceptancePart Three:…

China Merchants Bank's (CMB) initial public offering (IPO) was oversubscribed by 266 times when investors rushed to buy a share of the retail portion of…

National LegislationECONOMIC POLICYTentative Measures on Services Dealing with Complaints from Overseas Commerce of Chinese Enterprises中国企业境外商务投诉服务暂行办法L2130/06.08.16FINANCINGMeasures…

China is considering establishing a new 'super regulator' to oversee its financial and banking industries, in a bid to improve coordination in a sector…

As part of regulatory authorities' efforts to create favourable conditions for the development of the aero-leasing industry in China, a new draft of the…