The PRC's new Foreign Debt Administration Tentative Procedures set out tighter foreign debt registration requirements, while collecting and putting a high-level government imprimatur on various policies and practices.
Issued: August 23 2002Main contents: The Circular clarifies certain issues related to the collection of real property tax. Generally, the amount paid on…
Promulgated: November 16 2002Effective: December 1 2002Interpreting authority: People's Bank of China (PBOC)Applicability: For the purposes of the Measures,…
Ministry of Public Security, Ministry of Foreign Affairs, Ministry of Education, Ministry of Science and Technology, Ministry of Personnel, Ministry of Labour and Social Security, Ministry of Foreign Trade and Economic Cooperation, Overseas Chinese Office of State Council and State Administration of Foreign Expert Affairs, Providing Entry and Residential Conveniences to High Level Experts and Investors of Foreign Nationalities Provisions 1760/02.03.26
New regulations from the central bank target the use of financial institutions to launder funds obtained by criminal means. Under new rules, both renminbi and foreign currency transfers through financial institutions under the PBOC's supervision will come under heightened scrutiny.
Issued: January 20 2003Effective: February 1 2003Interpreting authority: Judicial Bureau of Beijing MunicipalityMain contents: The Measures specify the…
Issued: September 27 2002Main contents: The Guidelines provide the criteria for determining whether an issuer can be deemed profitable for the last three…