The main focus of the Procedures is to administrate the relevant transactions and market risks brought by commercial banks that are shareholders of fund management companies.
The Circular aim to maintain the balance of payments and to ensure the compliant and orderly flow of cross-border capital. Local investors who wish to invest abroad with it sown domestic assets/equity shall obtain the verification of the foreign exchange administration.
Issued: January 28 2005Main contents: If, after an equity transfer has ended, both parties sign and implement an agreement on the termination of the original…
Promulgated: December 7 2004Effective: December 15 2004Interpreting authority: People's Bank of China (PBOC)Applicability: The term "bonds" as used in…
Issued: January 24 2005Effective: as of date of issueMain contents: Starting from January 24 2005, the parties, who enter into an equity transfer document…
Issued: December 31 2004Effective: January 1 2004Main contents: The Circular states that daily payment of securities settlement risk funds by securities…
Issued: January 26 2005Main contents: Business departments of futures brokerages that implement central settlement, central risk control, central fund…
Issued: November 16 2004Effective: as of date of issueMain contents: Trust and investment companies shall keep trust funds and their own funds under separate…
Issued: December 15 2004Effective: January 1 2005Interpreting authority: Shanghai Stock Exchange, Shenzhen Stock Exchange and China Securities Depository…