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.
The Provisions amend and regulate previous laws on capital contribution in cash and in kind, the minimum registered capital amount, the first capital contributions amount, and other relevant matters.
Issued: December 19 2005Applicability: The term 'management' refers to the persons in charge and other members of the leadership team of state-owned and…
Issued: December 12 2005Effective: January 1 2006Applicability: In the event of a conflict between previous related provisions and this Circular, this…
Issued: January 19 2006Main contents: Investors engaging in futures transactions shall open bank settlement accounts with futures settlement banks (Industrial…
Promulgated: November 18 2005Applicability: These Guidelines apply to personal businesses with terms of one year and above, including individual life insurance…
Issued: January 3 2006Main contents: Starting from January 4 2006, over-the-counter transaction method (OTC Method) will be introduced to the interbank…
Promulgated: January 18 2006Effective: February 20 2006Main contents: From January 1 2006 onwards, Hong Kong and Macao service providers are permitted…