Banking and Finance Laws

Will the Circular on the Investment in the Equity Interests of Commercial Banks by Insurance Institutionsdiminish benefits for foreign investors? How will local insurers manage the new dimension of competition?

This Circular aims to enhance the investments of insurance capital. Insurance institutions may now invest in the equity of unlisted banks. Investment qualifications, withdrawal mechanism, and risk management are also covered.

How do the new Regulations for the Administration of Foreign-invested Banks, enacted to fulfil China's WTO commitment, affect business for domestic and foreign banks?

In a draft policy paper released for industry comment by the Chinese Institute of Certified Public Accountants (CICPA), China aims to develop at least…

In a draft policy paper released for industry comment by the Chinese Institute of Certified Public Accountants (CICPA), China aims to develop at least…

Issued: September 5 2006Main contents: The Announcement provides for the definition of hybrid capital bonds and the requirements on the issuance of such…

Foreign lending institutions will only have to wait a few more weeks for a rule allowing overseas banks to deal with renminbi business nationwide, the…

Morgan Stanley's October 2 2006 acquisition of China's Nan Tung Bank resulted in the US investment bank gaining a commercial banking licence in China,…

As part of its increased efforts to combat financial crimes, China's top legislature, the Standing Committee of the National People's Congress, approved…