SAFE

Renminbi Qualified Foreign Limited Partner: an incremental step toward RMB internationalization in the private equity industry

by Sheppard Mullin Richter & Hampton LLP on 5/23/2013

In a number of incremental steps, the PRC government has been easing restrictions on the cross-border movement of RMB. The latest step for the private equity industry is the Renminbi Qualified Foreign Limited Partner Program...more

Outbound Investments from China – the Chinese Domestic Requirements

by Basil Hwang, Le Yu | Dechert LLP on 3/7/2013

Chinese investments abroad have increased significantly in the past decade. Chinese enterprises (both private enterprises and state-owned enterprises, or SOEs) are heeding the Chinese government’s “venture out” (or zouchuqu)...more

China Bulletin - March 2013: China Eases Foreign Exchange Restrictions on FDI

by John Leary, Virginia Tam, Vivian Tsoi, Alex Zhang | White & Case LLP on 3/6/2013

On November 21, 2012, China’s State Administration of Foreign Exchange (“SAFE”) released a new circular, “Circular on Further Improvement and Amendment of Foreign Exchange Control Policies on Direct Investment ([2012] No....more

CFPB Adopts Rules To Prevent Loan Originators From Steering Consumers Into Risky Mortgages

by Stephen M. Quinlivan | Leonard, Street and Deinard - Dodd-Frank and... on 1/21/2013

The CFPB has issued rules to prevent mortgage lenders from steering borrowers into risky and high-cost loans. According to the CFPB, the rules ban certain incentives that loan originators had to sell unsafe loans to consumers...more

Many States Switching to Uniform MLO Test

by Patricia Antonelli, David Pellegrino | Partridge Snow & Hahn LLP on 1/18/2013

In 2013, three New England states will no longer require the state-specific test component for licensing mortgage loan originators (MLOs) due to the implementation of the new National SAFE MLO Test with a uniform state...more

China 20/20 Legal and Regulatory Developments - January 2013

by Seung Chong, Elizabeth Cole, Veronica Lockyer, Yan Zeng | Orrick, Herrington & Sutcliffe LLP on 1/10/2013

In This Issue: SAFE Issues Notice of State Administration of Foreign Exchange on Further Improving and Adjusting Foreign Exchange Policies Related to Direct Investment; SAFE Makes Revisions to Provisions on Foreign...more

Asia Derivatives Update: Korean Banks Strong On Cap Levels; China & FX

by Elan Mendel | Shipkevich PLLC on 12/26/2012

The South Korean banking sector is already well ahead of international regulatory benchmarks for capital requirements, according to Lee Sangche, deputy chairman for international affairs at the Financial Services Commission,...more

SAFE Liberalizes Foreign Exchange Rules … Or Not? -- Two recent circulars from China's foreign exchange regulator represent a...

by Gabriel Bloch, Mac Fu, Paul D. McKenzie | Morrison & Foerster LLP on 12/21/2012

Is the State Administration of Foreign Exchange (“SAFE”) finally loosening its grip on foreign exchange transactions? Not exactly - the baseline principle of control and scrutiny over the flows of money into and out of China...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters