The new QFII regulations mark another step in opening the securities markets further to foreign participation. Many new laws have made it apparent that the CSRC is committed to the path of financial reform and development.
Promulgated: September 27 2002Effective: December 1 2002Interpreting authority: State Council administrative departments in charge of construction and…
Issued: November 1 2002Effective: as of the date of issueInterpreting authority: Shenzhen Stock ExchangeApplicability: Convertible bonds are defined as…
The PRC's new Environmental Impact Assessment Law (the Law) clarifies and strengthens environmental protection requirements applying to the establishment, expansion or change of business operations, and extends similar requirements to the drafting of government plans that might affect China's environment.
Issued: November 4 2002Effective: as of the date of issueInterpreting authority: Shanghai Stock ExchangeApplicability: Convertible bonds are defined as…
China will promulgate an amended insurance law as part of a broad-ranging programme of post-WTO accession legislative renovation. An in-depth analysis of the pros and cons, and the implications for the China insurance market.
Jones, Day, Reavis & PogueWhile China has cut tariffs on imported goods as per its WTO commitments, as is often the case, the devil is in the details.…