Banking and Finance Laws

Regulates the payment, advance payment and return of premiums and indemnities, and recoveries.

Deals with various limits on foreign exchange accounts for current account items.

The Procedures concern the monitoring, analysis and assessment of non-performing assets, in particular sources and analyses of data and information and the time for assessment report submission.

By David Yu and Charles [email protected]@llinkslaw.comRelated party transactions have led to considerable losses for Chinese commercial…

The Procedures concern the monitoring, analysis and assessment of non-performing assets, in particular sources and analyses of data and information and the time for assessment report submission.

Foreign investors in the PRC banking industry are subject to duties in quarterly consolidated financial statement reporting, conglomerate reporting, official inspections, external audit and tripartite meetings.

National LegislationBankingMonitoring and Review of Bad Assets of Commercial Banks Tentative Procedures 商业银行不良资产监测和考核暂行办法L3610/04.03.25Administration…

By Roy Zhang  [email protected] April 6 2004 the People's Bank of China (PBOC) and the China Banking Regulatory Commission (CBRC) jointly…

An important step forward, China modernizes its commercial banks by ensuring a sound financial position through the newly issued measurable capital adequacy standards.