Legislation roundup: Foreign debt, consumer rights and investment funds
May 06, 2013 | BY
clpstaff &clp articlesSAFE has issued a Circular simplifying foreign debt registration. The Standing Committee of the National People's Congress has released a draft on consumer rights and the CSRC has produced draft Measures on the operation of public securities investment funds
Financing
State Administration of Foreign Exchange, Measures for the Administration of Foreign Debt Registration
The Circular simplifies the stages involved in the administration of foreign debt registration. It cancels certain examination and approval matters relating to foreign debt control and, with the exception of the foreign debt agreement registration, the opening of foreign debt accounts, conversion of funds and repayment of principal and interest can be directly reviewed and handled by designated foreign exchange banks.
See the digest for more details.
Further reading
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now