36 results found

The State Administration of Foreign Exchange of China ("SAFE") has issued new rules, effective as of November 1, 2005, on foreign exchange registration concerning equity financing transactions through offshore "special purpose companies" ("SPCs") and their onshore investment in China.

On May 18, 2005, the Ministry of Construction ("MOC") launched 10 standard guarantee forms on its web site for a trial run.

A Citibank led consortium won the bid for 85.6% of Guangdong Development Bank in December 2006 for RMB24.27 billion, ending a long battle with rivals French Bank Societe Generale and China’s second largest insurer Ping An Group. The deal coincides with the changes to rules governing foreign banks in China.

China established its non-performing loan assets disposal market in connection with the reform of state-owned banks in 1999.

Amid concerns that the easing of monetary policy by the Central Chinese government in early 2009 have caused monies to be channelled to speculation in shares and real estate instead of the real economy and of the increasing risk of asset bubbles and bad loans, China Banking Regulatory Commission ("CBRC") issued the Tentative Measures for the Administration of Fixed Asset Loans (the "Measures") on 23 July 2009.

On the 21st of January 2004, the People’s Bank of China published its draft Regulation on Administration of Auto Loans for consultation, which set out respective rules for auto loans granted to different kinds of debtors as well as for risk management

The Provisional Measures for the Administration of Venture Capital Enterprises (the "Provisional Measures") were jointly promulgated by 10 Mainland Chinese agencies on 15 November 2005 and will take effect from 1 March 2006.

New rules indicate future directions of China's wealth management sector and the desire to regulate the banking market.

A number of acquisition loan arrangements have already been inked since the China Bank Regulatory Commission ("CBRC") issued new guidelines (the "Guidelines") on December 6, 2008 allowing commercial banks to provide loans to domestic enterprises conducting acquisitions within China and abroad.

On 6 January 2025, the National Financial Regulatory Administration ("NFRA") issued the Administrative Measures on Margin Requirements for Non-centrally Cleared Derivatives Transactions of Financial Institutions (hereinafter referred to as the "Measures").

The long-awaited amended Company Law (New Company Law) was enacted on 29 December 2023, effective from 1 July 2024.

Chinese companies continue strategically deploying capital overseas.

根据现有监管要求，商业银行通过贴现或转贴现转入汇票成为持票人，应当计提风险资产，且因通过转贴现转出汇票后仍存在被追索的风险，

A collection of Chinese law related news gathered from various media and news services, edited by Wenger Vieli Belser.