Issued: September 5 2006Main contents: The Announcement provides for the definition of hybrid capital bonds and the requirements on the issuance of such…
Promulgated: August 4 2006Effective: September 1 2006Interpreting authority: China Securities Regulatory CommissionMain contents: Apart from retaining…
Foreign insurance company ING Insurance (Asia/Pacific) has called on the China Insurance Regulatory Commission (CIRC) to simplify its licensing procedures…
National LegislationCONSTITUTION AND LEGAL SYSTEMSeveral Provisions on Issues Concerning the Service of Judicial Documents of Foreign-related Civil or…
As part of its increased efforts to combat financial crimes, China's top legislature, the Standing Committee of the National People's Congress, approved…
Foreign lending institutions will only have to wait a few more weeks for a rule allowing overseas banks to deal with renminbi business nationwide, the…
The newly revised QFII rules aim to lower the entry threshold and allow more QFIIs into China's capital market. What investment restrictions have been lifted? Are there significant improvements to the original rules?
Promulgated: 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…
Issuance of hybrid capital bonds now requires disclosure of various matters, which include the capital adequacy ratio for the past three years, business position, risk alert, and so on.