China

China's central bank will tighten supervision of shadow banking businesses by including off-balance sheet wealth management products ("WMPs") into its risk-assessment framework next year, sources...
December 2016
China's securities regulator said on Friday, 16 December, it had approved the launch of options contracts for white sugar and soymeal, which will be the first agricultural derivatives products in the...
December 2016
On 21 October 2016, the National Development and Reform Commission (“NDRC”) circulated for public comment the Negative List for Internet Market Access (“First Batch, Pilot Version”). The...
December 2016
On 13 October 2016, the State Council released to the public the Plan to Implement Special Rectification Work on Internet Finance Risks, which was circulated internally on 12 April 2016. The plan...
December 2016
On 27 September 2016, the State Administration for Industry and Commerce (“SAIC”) circulated for public comment the Announcement of the State Administration for Industry and Commerce on...
December 2016
On 19 September 2016, the Supreme People’s Court (“SPC”) issued the Measures of the Supreme People’s Court for the Establishment and Management of the Database of Online Service Providers 2016, which...
December 2016
The PRC Cybersecurity Law will come into force on 1 June 2017, and has significant implications for the data privacy and cybersecurity practices of both Chinese companies and international...
December 2016
China's banking regulator has drafted rules that will require lenders to tighten risk management in derivatives trading, a business the watchdog said has been expanding rapidly in recent years....
December 2016
China's securities market regulator said on Friday, 18 November, it had punished an investor for conducting what it called "illegal" cross-border trading through the Shanghai-Hong Kong ...
November 2016
The chief of one of Asia's most prominent financial trade bodies on Tuesday, 8 November, said new cyber security rules in China could make it harder for foreign companies operating in the...
November 2016
When it comes to theme parks, the old adage of “if you build it they will come” might apply initially, but for how long? That will depend on numerous factors. The story we hear regularly from global...
November 2016
On 17 August 2016, the China Banking Regulatory Commission (“CBRC”), Ministry of Industry and Information Technology (“MIIT”), Ministry of Public Security (“MPS”) and the Cyberspace Administration of...
November 2016
On 5 July 2016, the NPC circulated for public comment the Network Security Law of the People’s Republic of China (Draft) (Draft for Second Review) 2016. The second draft contains significant changes...
November 2016
As the Chinese economy transitions from its traditional exporting base, we are beginning to see a rapid change towards much greater Chinese outbound investment. This trend is underpinned by...
November 2016
Australia and China agreed on Tuesday, 1 November, to share intelligence about potential financial crime as part of a crackdown on cross-border money laundering and terrorism financing, as...
November 2016
On 8 October 2016, China’s Ministry of Commerce (“MOFCOM”) published the Provisional Administrative Rules on Foreign-Invested Enterprises’ Establishment and Amendment, effective immediately. On the...
October 2016
China's securities regulator has been instructed to curb access to bond and H-share financing by real estate firms, online financial magazine Caixin reported on Tuesday, 25 October, citing sources...
October 2016
On 17 June 2016, the National Development and Reform Commission (“NDRC”) circulated for public comment the Notice on Soliciting Public Opinions on the “Guidelines on Recognising...
October 2016
On 5 August 2016, the State Administration for Industry and Commerce (“SAIC”) circulated the Implementing Rules for the Law of the People’s Republic of China on the Protection of...
October 2016
China’s cybersecurity and data privacy frameworks are facing yet more significant changes, as the Chinese Government recently announced two further initiatives. These are in addition to the...
October 2016