Law Digest

• State Administration of Foreign Exchange, Guidelines for the Foreign Exchange Control on the Insurance Business

  国家外汇管理局保险业务外汇管理指引

  SAFE relaxes access to the foreign exchange insurance market.

  March 17, 2015

• State Administration of Foreign Exchange, Circular on Issues Relevant to Foreign Exchange Control in Connection with Overseas Listing

  国家外汇管理局国家外汇管理局关于境外上市外汇管理有关问题的通知

  Approval requirement of repatriation of offshore listing proceeds lifted.

  March 17, 2015

• China Banking Regulatory Commission, Measures for the Administration of the Leverage Ratio of Commercial Banks (Revised)

  中国银行业监督管理委员会商业银行杠杆率管理办法 (修订)

  CBRC aligns the leverage ratio of commercial banks with Basel III standards.

  March 16, 2015

• Shanghai Head Office of the People's Bank of China, Implementing Rules for the Macro Prudential Administration of Offshore Financing under Separate Accounting and Cross-border Fund Flows in the China (Shanghai) Pilot Free Trade Zone

  中国人民银行行上海总部中国（上海）自由贸易实验区分账核算业务境外融资与跨境资金流动宏观审慎管理实施细则

  Shanghai FTZ relaxes offshore financing.

  March 16, 2015

• Supreme People's Court, Interpretation on the Application of the «PRC Civil Procedure Law»

  最高人民法院关于适用<中华人民共和国民事诉讼法>的解释

  SPC sets forth criteria for instituting public interest cases.

  March 16, 2015

• Supreme People's Court, Provisions on Several Issues Concerning the Trial of Cases by Circuit Courts

  最高人民法院关于巡回法庭审理案件若干问题的规定

  China sets up circuit courts.

  March 16, 2015

• Ministry of Industry and Information Technology, Announcement on Relaxing the Restriction on the Equity Percentage of Foreign Investors in Online Data Processing and Transaction Processing Services (For-profit Electronic Commerce) in the China (Shanghai) Pilot Free Trade Zone

  工业和信息化部关于在中国（上海）自由贸易试验区放开在线数据处理与交易处理业务（经营类电子商务）外资股权比例限制的通告

  E-commerce WOFEs allowed in Shanghai FTZ.

  March 16, 2015

• China Insurance Regulatory Commission, Circular on Matters Relevant to Risk Owners of Insurance Asset Management Products

  中国保险监督管理委员会关于保险资产管理产品风险责任人有关事项的通知

  Risk owners required of insurance asset management business.

  March 16, 2015

• China Banking Regulatory Commission, Measures for the Administration of Entrusted Loans of Commercial Banks (Draft for Comments)

  中国银行业监督管理委员会商业银行委托贷款管理办法 (征求意见稿)

  Issued: January 16 2015Main contents: The Measures specify that entrusted loans may not be used for:(1) investment in bonds, futures, financial derivatives,…

  March 16, 2015

• People's Bank of China, Guiding Opinions on the Remote Opening of Renminbi Bank Accounts by Banking Financial Institutions (Draft for Comments)

  中国人民银行关于银行业金融机构远程开立人民币银行账户的指导意见 (征求意见稿)

  Published: January 2015Main contents: The Draft requires that the remote opening of accounts be based on the real name system. Within the scope of remote…

  March 16, 2015