FINANCE LAW

The Latest Improvement on Foreign Investment Allow foreign investors to invest in privately-placed foreign-currency-denominated securities investment trust fund (2006/12/15) On December 15, 2006, the Financial Supervisory Commission (hereafter FSC) allowed offshore overseas Chinese and foreign nationals to invest in private securities investment trust fund placed by Securities Investment Trust Enterprises (SITEs) to enlarge the investment […]

REGULATIONS ON FOREIGN CURRENCY DEPOSITS AND SPECIAL RENMINBI DEPOSITS BY THE BANK OF CHINA (January 1, 1983) SUBJECT: FINANCE & BANKING;SECURITIES & FOREIGN EXCHANGE ISSUING-DEPT: BANK OF CHINA ISSUE-DATE: 01/01/1983 IMPLEMENT-DATE: 01/01/1983 TEXT: Bank of China Regulations For Foreign Currency Deposits (Category A) [Article 1] Deposits under these regulations are handled by the Banking Department […]

REGULATIONS FOR PROVIDING SHORT-TERM LOANS IN FOREIGN CURRENCY BY THE BANK OF CHINA Approved by Transmission by the State Council (August 30, 1980) SUBJECT: FINANCE & BANKING; SECURITIES; FOREIGN EXCHANGE ISSUING-DEPT: BANK OF CHINA ISSUE-DATE: 08/30/1980 IMPLEMENT-DATE: 08/30/198 TEXT: With the funds it raises from abroad, the Bank of China is ready to provide loans […]

PROCEDURES GOVERNING THE CARRYING OF GOLD AND SILVER INTO OR OUT OF CHINA (Promulgated by the People’s Bank of China and the Customs General Administration of the People’s Republic of China on February 1, 1984) SUBJECT: FINANCE & BANKING ISSUING-DEPT: PEOPLE’S BANK OF CHINA ISSUE-DATE: 02/01/1984 IMPLEMENT-DATE: 02/15/1984 TEXT: [Article 1] These Regulations are formulated […]

Regulations of People’s Republic of China on Administration of Foreign-funded Banks Following is the unofficial translation of the full text of the Regulations of the People’s Republic of China on Administration of Foreign-funded Banks. Chapter I General Provisions Article 1 These regulations are formulated for the purposes of meeting the needs of opening up to […]

Negotiable Instruments Law of the Peoples Republic of China (2004 Revision) Author the Standing Committee of Negotiable Instruments Law of the Peoples Republic of China (2004 Revision) Author the Standing Committee of NPC (Adopted at the 13th Session of the Standing Committee of the Eighth National People’s Congress on May 10th, 1995; Revised at the […]