A circular, issued by the Department of Intermediary Supervision of the China Securities Regulatory Commission, on securities companies which have developed new businesses in the new area of collective entrusted investment management to safeguard the proper order of the securities market and investors.
Bancassurance has plenty of scope for growth in China but the regulatory hurdles to greater integration of the marketing of financial products mean that alternative investment strategies must be pursued, at least for the foreseeable future.
Issued: March 27 2003Main contents: The Official Reply clarifies that if an operator, without authorization, uses the unique packaging and trade dress…
Since 1990, the PRC has established 15 Free Trade Zones, in Shanghai Waigaoqiao, Tianjin Tanggu, Dalian, Qingdao, Zhangjiagang, Ningbo, Guangzhou, Shantou,…
Issued: May 13 2003Effective: July 1 2003Main contents: The Guidelines describe each major element (e.g. opening paragraph, opinion paragraph) of an audit…
Issued: May 30 2003Main contents: The Circular asks for strict examination of the application for practice certificates, strengthened administration on…
Issued: April 29 2003Main contents: The Circular prohibits securities companies from raising funds from specified or unspecified investors for a collective…
Issued: May 20 2003Main contents: The Opinion provides that the entities engaging in foreign trade and economic cooperation activities should strengthen…
As anticipated, market participants are responding very positively to the implementation of a new legal framework for securitization in Taiwan. The Ministry…