Banking and Finance Laws

Driven by the desire to gain a better position before China fully opens its banking sector according to its WTO commitment, and encouraged by several precedents…

Over a year after its WTO accession, how has China done in the key securities, fund management and insurance markets?

These provisions regulate the establishment and operations of venture capital investment enterprises.

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.

The past several years have seen continuous growth in China's investment funds market, and especially in open-end funds. The China Securities Regulatory…

Rules on foreign-invested venture capital enterprises were promulgated in 2001, but fell considerably short of expectations. New rules in this important area have recently been issued. Have they overcome the limitations of the prior rules?

Issued: November 23 2002Effective: December 6 2002Applicability: The Reply does not apply to the retrial, whether brought up by the party concerned or…

Promulgated: January 9 2003Effective: February 1 2003Applicability: "Investors" is defined as a natural person, legal person or other organization that…

Promulgated: January 3 2003Effective: March 1 2003Applicability: The Measures apply to transactions of money payments and funds settlement denominated…