Banking and Finance Laws

The State Administration of Foreign Exchange (SAFE) has approved China's first qualified domestic institutional investor (QDII) foreign-currency fund;…

As part of regulatory authorities' efforts to create favourable conditions for the development of the aero-leasing industry in China, a new draft of the…

China is considering establishing a new 'super regulator' to oversee its financial and banking industries, in a bid to improve coordination in a sector…

China Merchants Bank's (CMB) initial public offering (IPO) was oversubscribed by 266 times when investors rushed to buy a share of the retail portion of…

National LegislationACCOUNTINGEnterprise Accounting Guidelines No.33 Consolidated Financial Statements企业会计准则第33号 - 合幷财务报表L3100/06.02.15(33)Enterprise…

Issued: June 15 2006Main contents: These Opinions seek to:- actively develop individual and group old-age pension insurance businesses;- encourage and…

Issued: May 28 2006Main contents: The Circular specifies the procedures for foreign-invested banks applying to engage in the provision of overseas financial…

Issued: August 14 2006Effective: as of date of issueMain contents: Fund management companies shall provide for risk reserves from their fund management…

Issued: May 23 2006 Effective: June 1 2006Main contents: The Circular allows insurance institutions to collect insurance premiums either in renminbi or…