Promulgated: November 11 2006Effective: December 11 2006Main contents: The Regulations comprise:Part One: General ProvisionsPart Two: Establishment and…
November 30, 2006
Legislation
Promulgated: December 6 2006Effective: December 11 2006Interpreting authority: China Banking Regulatory Commission (CBRC)Applicability: These Guidelines…
November 30, 2006These Regulations signify a big step towards opening to foreign investments in the PRC's banking industry. The establishment, registration, and business scope of foreign-invested banks are clearly set out.
November 30, 2006This law aims to address the issue of money laundering in China and impose criminal liabilities on violators. A department of the State Council is in charge of overseeing anti-money laundering measures nation-wide.
November 30, 2006This Circular addresses some of the issues in relation to foreign financial investments and asset management. The scopes of foreign exchange business and income are stipulated. Matters regarding the source of investment funds and their management are clarified.
November 30, 2006The price of an IPO shall be ascertained by an approved inquiry recipient. The procedures and limitations regarding the sale and underwriting of securities are stipulated.
November 30, 2006This Circular aims to enhance the investments of insurance capital. Insurance institutions may now invest in the equity of unlisted banks. Investment qualifications, withdrawal mechanism, and risk management are also covered.
November 30, 2006Issued: September 5 2006Main contents: The Announcement provides for the definition of hybrid capital bonds and the requirements on the issuance of such…
October 31, 2006Promulgated: October 31 2006Effective: January 1 2007Main contents: Article 13 of the Law is revised to require the check and approval of the Supreme People's…
October 31, 2006Promulgated: August 7 2006Effective: September 1 2006Interpreting authority: China Insurance Regulatory Commission (CIRC)Applicability: The term "health…
October 31, 2006