Banking and Finance Laws

Three years after China's accession to the WTO, what are the main issues that are determining the pace of liberalization of the economy? And how do the WTO commitments interact with the economic challenges facing China?

The Circular aims to improve the pricing mechanism for initial public share offerings. Issues such as procedures for price inquiries, price determinations, and format of share offerings are addressed.

By Richard Nie and Eric [email protected]; [email protected] arrangements may take various forms in cases where…

Promulgated: October 18 2004Effective: November 1 2004Interpreting authority: People's Bank of ChinaApplicability: "Short-term bonds of securities companies"…

Relaxed requirements for foreign invested financial institutions in renminbi business, profitability requirement, branch office establishment and starting insurance agency service.

A financial institution is required to transfer the reserve deposit to designated accounts every month. The foreign exchange reserve deposit ratio is unified at 3%.

National LegislationBankingEngagement in Insurance Agency Business by Mainland Branches of Hong Kong and Macao Banks Notice 关于香港和澳门银行内地分行从事代理保险业务的公告L3610/04.11.01Business…

By Roy Zhang and Allen [email protected];[email protected] in the global financing of a multinational group, the…

Allows insurance companies and insurance asset management companies to directly purchase and trade renminbi-denominated common stock, and to directly purchase convertible corporate bonds and other specified investment product.