Issued: May 8 2006Effective: as of date of issueMain contents: Shareholders holding equity interests of a fund management company for less than one year…
In an effort to widen insurers' investment options, insurance regulatory authorities have issued new rules launching a pilot programme allowing insurance companies to invest in infrastructure projects. Will the new laws provide a safe means to boost returns for China's insurance companies and their policyholders?
In a bid to raise returns and diversify its portfolio, the PRC's National Social Security Fund has asked foreign institutions to apply to manage its billions of dollars in pension funds to be invested overseas. What type of investments are permitted and what mechanism has been put in place to safeguard the overseas management of the investment funds?
Issued: March 31 2006Effective: April 20 2006Main contents: From April 20 2006 the Shanghai headquarters of the People's Bank of China is authorized to…
Issued: April 13 2006Main contents: The Announcement relaxes the policies on opening, amending and closing current account-related foreign exchange accounts,…
National LegislationBANKINGTentative Measures for the Administration of the Information Disclosure of Trust and Investment Companies 信托投资公司信息披露管理暂行办法L3610/06.01.05ENVIRONMENTAL…
Issued: December 31 2005Effective: January 1 2006Main contents: The Measures comprise:Part One: General ProvisionsPart Two: Common ProvisionsPart Three:…