China Banking Regulatory Commission, Implementing Measures for Matters Subject to Administrative Licensing of Chinese-invested Commercial Banks (Amended)
中国银行业监督管理委员会中资商业银行行政许可事项实施办法(修订)
January 31, 2007 | BY
clpstaff &clp articles &QFIIs no longer given preference as investors in Chinese banks.
Clp Reference: 3610/06.12.28 Promulgated: 2006-12-28 Effective: 2006-12-28
Promulgated: December 28 2006
Effective: As of date of promulgation
Main Contents: Item (4) of Article 7 has been changed from "promoter shareholders shall include qualified foreign institutional investors" to "promoter shareholders shall include qualified institutional investors".
Related Legislation: PRC Banking Regulation Law (Revised), Oct 31 2006, CLP 2007 No.1 p.7; PRC Administrative Licensing Law; and PRC Commercial Banking Law (Revised), Dec 27 2003, CLP 2004 No.1 p.4 & May 10 1995, CLP 1995 No.5 p.32
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