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 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?

Promulgated: November 18 2005Effective: as of date of promulgationInterpreting authority: China Banking Regulatory CommissionMain contents: Applicants…

Promulgated: February 6 2006Effective: May 8 2006Interpreting authority: Shanghai Stock Exchange (Stock Exchange)Applicability: These Rules apply to spot…

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: September 14 2005Main contents: Before the issue of new provisions from the State Council, the Circular on Not Levying Urban Maintenance and Construction…

National LegislationACCOUNTINGEnterprise Accounting Guidelines No.1 – Inventory 企业会计准则第1号 - 存货L3100/06.02.15(1)Enterprise Accounting…

Promulgated: December 13 2005Main contents: Corporate bonds that meet requirements such as the following may enter the National Interbank Bond Market for…

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. Permitting banks to offer higher rates than the PBOC rate, and allowing wealth management products other than deposits, banks now enjoy higher competitiveness in the financial industry. The Tentative Measure provides for the relevant administration and risk management rules.