Capital Markets

• China Insurance Regulatory Commission, People's Bank of China and State Administration of Foreign Exchange, Tentative Measures for the Administration of Overseas Investment of Insurance Capital

  中国保险监督管理委员会、中国人民银行、国家外汇管理局保险资金境外投资管理暂行办法

  Further relaxing overseas investment of insurance capital.

  September 02, 2007

• State Administration of Foreign Exchange, Plan for the Launch of Pilot Projects for Direct Investment in Overseas Stock Markets by Domestic Individuals

  国家外汇管理局关于开展境内个人直接投资境外证券市场试点的批复

  Individual Chinese citizens allowed to invest in the Hong Kong stock market.

  September 02, 2007

• State Council, Regulations for the Administration of Futures Trading

  国务院期货交易管理条例

  China to develop financial futures and options.

  September 02, 2007

• Other Recent Legislation for this Month

  National LegislationINSURANCEMeasures for the Administration of Insurance Permits保险许可证管理办法L3900/07.06.22Circular on Matters Relevant…

  September 02, 2007

• China Securities Regulatory Commission, Measures on the Administration of the Qualifications of the Directors, Supervisors and Senior Management Personnel of Futures Companies

  中国证券监督管理委员会期货公司董事、监事和高级管理人员任职资格管理办法

  The appointment of a chief risk officer required in futures companies.

  September 02, 2007

• China Securities Regulatory Commission, Trial Measures for the Administration of Overseas Securities Investment by Qualified Domestic Institutional Investors

  中国证券监督管理委员会合格境内机构投资者境外证券投资管理试行办法

  Overseas securities investment available for fund management companies and securities companies.

  September 02, 2007

• Acquisition of Domestic FMCs by Foreign Investors Part I

  By Hubert Tse and Sandra [email protected]; [email protected] Chinese stock market continues to outperform all the equity markets around…

  September 02, 2007

• People's Bank of China, Circular on Issues Relevant to the Launch of Swap Transactions Between Renminbi and Foreign Currencies in the Interbank Foreign Exchange Market

  中国人民银行关于在银行间外汇市场开办人民币外汇货币掉期业务有关问题的通知

  PBOC launches swaps between renminbi and foreign currencies.

  September 02, 2007

• Limited Liability Partnerships: The Best Structure for Funds?

  By James Weng and Tomy [email protected]; [email protected] Partnership Enterprise Law of the People's Republic of China (Partnership…

  September 02, 2007

• Trial Measures for the Administration of Overseas Securities Investment by Qualified Domestic Institutional Investors

  合格境内机构投资者境外证券投资管理试行办法

  This law regulates investments in overseas securities by qualified domestic institutional investors and to protect the interests of investors. Parts Two and Three set out the requirements for being a qualified domestic institutional investor (QDII), and an oversea investment consultant. Part Four deals with the custody of assets, power and duties of a custodian, and the appointment of an overseas asset custodian. Part Five is concerned with the duties and transparency of the QDII. Part Six sets out the limit of fund management.

  September 02, 2007