China's capital market is certain to benefit from the China Banking Regulatory Commission and the People's Bank of China's joint release of new Procedures on the securitization of credit assets. Limitations remain, however, concerning the types of institutions that can originate securitizations and the types of assets that can be securitized.
After failed attempts in 1999 and 2001, China is again taking the necessary but daunting step of integrating its non-tradable state-owned shares with those that are tradable. Could this be the catalyst that the mainland IPO and restructuring markets need?
National LegislationAVIATIONAdministration of the Registration of Non-commercial General Aviation Provisions非经营性通用航空登记管理规定L4700/04.10.12BANKINGPromoting…
Issued: February 7 2005Effective: March 1 2005Applicability: The term "construction projects" refers to the installation work and the internal and external…
Promulgated: March 17 2005Effective: May 1 2005Applicability: For the purposes of these Procedures, the term "enterprise credit information collection"…
Promulgated: April 8 2005Effective: May 8 2005Main contents: Starting from January 1 2005, service suppliers from Hong Kong and Macao are permitted to…
Issued: April 8 2005Effective: as of date of issueMain contents: For individual domestic residents who have carried out foreign exchange registration for…
Promulgated: March 7 2005Effective: May 8 2005Main contents: Starting from January 1 2005, service suppliers from Hong Kong and Macao are permitted to…