As part of the government's efforts to reform the construction sector, the Ministry of Construction has issued draft provisions on the administration of foreign-invested construction engineering service enterprises. Do these provisions go far enough to encourage greater foreign investment in the sector?
The range of electronic banking services provided by PRC financial institutions has widened to cater to the needs of increasingly technology-driven and sophisticated banking customers. What measures have been taken to protect the security of e-banking systems in China?
A relief in the restriction of the types of financial products offered by commercial banks broadens and diversifies the personal wealth management services they offer.
The Provisions amend and regulate previous laws on capital contribution in cash and in kind, the minimum registered capital amount, the first capital contributions amount, and other relevant matters.
The Measure regulates banking services provided through internet, telephone, handset, self-service banks and ATM. The banking institution must establish corresponding mechanism for the search, monitoring and processing of false data.
Issued: December 23 2005Effective: January 1 2006Applicability: The term "provision of security to outside parties" refers to provision of security by…
Issued: January 9 2006Effective: as of date of issueMain contents: The Circular details the requirements concerning the registered capital and other matters…