Issued: July 12 2005Effective: August 1 2005Main contents: Foreign-invested banks in China (including wholly-owned banks, equity joint venture banks and…
October 31, 2005
Legal
By Qin Yu and Li [email protected]; [email protected] the growth of China's economy in recent years, construction projects…
October 31, 2005Regulations and approval requirements concerning consolidated positions for settlement and sale of foreign exchange.
October 31, 2005Promulgated: July 6 2005Effective: October 1 2005Interpreting authority: State Administration of TaxationApplicability: Measures for the administration…
October 31, 2005Regulating online news dissemination and broadcasting within the PRC.
October 31, 2005The Letter further elaborates on the Provision for the Administration of the Employment of Foreigners in China, and requires that foreigners engaged in state-specified occupations must hold an Occupational Qualification Certificate of the PRC.
October 31, 2005The Tentative Measures provides for investments in government bonds, financial bonds and enterprise/corporate bonds.
October 31, 2005The Letter further elaborates on the Provision for the Administration of the Employment of Foreigners in China, and requires that foreigners engaged in state-specified occupations must hold an Occupational Qualification Certificate of the PRC. Where the relevant occupations have foreign characteristics, the Ministry of Labour and Social Security may approve foreigners holding occupational qualification certification notarized by foreign notary. They may also take occupational qualification certification examinations in the PRC.
October 31, 2005Setting up and operation of state-owned securities investor protection fund.
October 31, 2005In addition to elaborating the Tentative Measures for the Administration of Overseas Utilization of Foreign Exchange Insurance Funds, the Implementation Rules further establish the basic management structure, duties and responsibilities, their basic operations and management procedures, and their selection following market-oriented principles for the insurance company (the entrusting party), the investment management institution (the entrusted party) and the commercial bank (the custodian). The Implementing Rules also add new overseas products such as structured deposits, mortgaged-backed securities and money market funds. It also introduces independent third parties in supervising funds flow, internal control mechanisms, accounting, credit rating and assets evaluation.
October 31, 2005