Legislation

Private equity and venture capital companies allowed registration in Shanghai.

Clampdown on misappropriation of loan proceeds.

Registration required for overseas food producers exporting food products to China.

National legislationFinancial sectorCircular on Further Strengthening the Risk Management of Mortgage Loans关于进一步加强按揭贷款风险管理的通知…

Securities asset management business of securities company allowed access to the interbank bond market.

Asset re-organisation of listed companies carried out by state-owned shareholders requires advance approval before information disclosure.

The Measures set out the criteria under which a lender accepts an application for a loan for a fixed asset. They also lay down provisions on relevant due diligence investigation, risk assessment, examination and approval, execution of the contract, disbursement and payment, post-loan management and legal liability.

The Measures lay down the criteria and procedures for establishment of a foreign-invested equity investment management enterprise in Pudong.

Special measures provided for risk control of project finance.