Corporate Governance

This law aims to address the issue of money laundering in China and impose criminal liabilities on violators. A department of the State Council is in charge of overseeing anti-money laundering measures nation-wide.

How will the new PRC Anti-money Laundering Law limit or promote the business scope of financial institutions and foreign-invested enterprises?

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?

Upon reopening its market to IPOs, China's Securities Regulatory Commission introduced new Measures which change the way underwriters and institutions conduct IPO price inquiries. What do these Measures entail and how will they affect China's market in the future?

This Circular addresses some of the issues in relation to foreign financial investments and asset management. The scopes of foreign exchange business and income are stipulated. Matters regarding the source of investment funds and their management are clarified.

The United States and Taiwan are among China's top trading partners. How do Chinese companies navigate two different legal systems to recover their losses from defaulting parties?

The price of an IPO shall be ascertained by an approved inquiry recipient. The procedures and limitations regarding the sale and underwriting of securities are stipulated.

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?