PRC Regulations for the Administration of Foreign-invested Banks (2nd Revision)

中华人民共和国外资银行管理条例（第二次修订）

The criteria for setting up branches are lowered for foreign banks.

See the digest for details on the revision.

(Promulgated by the State Council on November 27 2014 and effective as of January 1 2015.)

(国务院于二零一四年十一月二十七日公布，自二零一五年一月一日起施行。)

Order of the State Council No.657

国务院令第657号