November 08, 2011
New anti-money laundering measures prohibit equity investment from unlawful fund sources.
Issue of subordinated debt with fixed term by insurance companies tightened.
Listed companies required to set up files of persons with insider information.
FDI in Rmb officially allowed.
Online businesses operating in a legal limbo
Assessment of the risk bearing capacities of customers required for the sale of wealth management products of banks.
CIRC sets entry thresholds for insurance intermediary companies.
Exit mechanism created for insurance companies.
These Measures govern the handling of renminbi settlement matters relating to foreign direct investment by banks.
National legislationBankingSupplementary Circular on Supporting Further Improvement of Financial Services for Small and Micro-enterprises by Commercial…