On 14 May 2019, QAT Exc amended foreign ownership limit in two firms. Qatar Central Securities Depository modified the foreigners’ ownership limit of Qatar International Islamic Bank to be 49% of capital, which is equal to 74,170,687 shares. Qatar Central Securities Depository amended foreign ownership percentage of Qatar Islamic Insurance Group to become 49% of…
Read more
China – PRL Foreign Investment Law
On 8 May 2019, CHI PRL prepared relevant rules for foreign investment law. China's Ministry of Commerce (MOF) is working with other authorities to prepare relevant rules to ensure successful implementation of the foreign investment law. Also reviewing and reorganizing regulations on foreign investment management. Will listen to comments or suggestions from foreign-invested enterprises, others.…
Read more
China – SAFE Foreign Investment
On 6 May 2019, CHI SAFE issued update on needs of foreign investors. In April 2019, the State Administration of Foreign Exchange approved 9 qualified foreign institutional investors (QFII) with their investment quotas totaling $4.2bn. Approved 5 RMB qualified foreign institutional investors investment of 9.7bn yuan. So far, a total of 13 QFII investment quotas…
Read more
China – SAFE Increases Foreign Investment
On 14 January 2019, CSAFE increased total foreign institutional investor. In order to meet the needs of foreign investors to expand investment in market.Qualified foreign institutional investors increased from US$150bn to US$300bn.The QFII system is the earliest and most important institutional arrangement for China's capital market to open to the outside world, for foreign investors.From…
Read more
France – GVT Foreign Investments
On 3 December, FR GVT issued law on authorized foreign investments. Decree dated 29 November 2018 on foreign investments subject to prior authorization. Overview Amends art. R. 153 of monetary and financial code, re prior authorization process. Extends process to new economic sectors essential to guarantee French security. New sectors include cybersecurity, AI, robotics, IT…
Read more
Taiwan – FSC Foreign Investment Insurance
On 6 November 2018, Taiwan FSC said draft measures completed pre-announcement procedures and no opinions were submitted, amendments will be released soon. Background On Aug. 14, Taiwan FSC amended foreign insurer investments. Raised quota limit for insurance industry investment in international board bonds. Relaxation of insurance foreign currency traditional policy reserve is not included. Open…
Read more