Legal

New regulations from the central bank target the use of financial institutions to launder funds obtained by criminal means. Under new rules, both renminbi and foreign currency transfers through financial institutions under the PBOC's supervision will come under heightened scrutiny.

The PRC's new Foreign Debt Administration Tentative Procedures set out tighter foreign debt registration requirements, while collecting and putting a high-level government imprimatur on various policies and practices.

These opinions address the administrative procedures and requirements of urban utilities enterprises and the application procedures for urban utilities concession system.

Issued: December 27 2002Main contents: The Opinion deals with the opening of the urban utilities market, establishment of an urban utility concession system…

Issued: November 1 2002Main contents: The Reply states that the characters, (electronic commerce), may be used in enterprise names. However electronic…

Issued: December 23 2002Main contents: Appended to the Circular is a list detailing the items in respect of which examination requirements are to be abolished…

National LegislationAviation and AerospaceGeneral Aviation Control Regulations 通用航空飞行管制条例L4700/03.01.10BankingPeople's Bank of China,…

Promulgation: November 28 2002Main contents: Item One of the Circular states that foreign, Hong Kong, Macao and Taiwan investors can participate in road…

Promulgated: December 11 2002Effective: 30 days from the date of promulgationMain contents: The Measures set forth the qualification requirements for the…