Banking and Finance Laws

Coronavirus affected small businesses may have their loan payments postponed

Banks and insurance companies are allowed to engage in sovereign bond futures trading

Economy still stifled despite positive signs indicating success in containing virus; record issuance of force majeure certificates to Chinese businesses disrupted by epidemic; and JP Morgan indexes begin Chinese government bond inclusion

Foreign parties may hold a controlling interest in wealth management companies

Global legal community rallies to support COVID-19 hit businesses with expert advice; China approves first foreign-owned asset management company following trade deal; and more measures introduced to kickstart faltering economy

Coronavirus drags down Chinese economic growth forecast; Mastercard approved to set up card clearing business in China; and PBOC files patents ahead of digital currency rollout

Foreign institutional investors are offered more channels to access the futures market

Pledging of accounts receivables is made easier

Coronavirus continues to stifle business in China; lawyers and regulators respond with guidance and measures; Hong Kong introduces quarantine for mainland travellers