Banking and Finance Laws

Shenzhen issues rules for the country's first register of personal bankruptcy administrators

China lifts property loan restrictions and allows cities to adjust the rates

Banks are encouraged to take railroad transport documents as documents acceptable for settlement and financing.

Guidance for CFIUS assessments; Possibility of PBOC intervention against falling RMB; China leads in blockchain patent applications

A wealth management company is required to continuously track the changes in the risk monitoring indicators of each wealth management product

PCAOB and Beijing reach audit agreement to prevent mass delisting; U.S.-China merger abandoned following U.S. antitrust investigation; new compliance rules for wealth management companies

Zhenyu Ruan, Yangdi Zhao of Baker McKenzie FenXun (FTZ) Joint Operation highlight notable legal developments in the three main legal areas of the virtual world called the metaverse, namely cryptocurrency regulation, NFT copyright infringement and data privacy

Loan prime rates slightly lowered; 3-year development blueprint for the Lingang Free Trade Zone unveiled; New rules on exercise of administrative discretion

CFIUS publishes data from 2021; Autonomous vehicles can be driven in simple and controlled conditions; Trust firms' loans to real estate sector audited