China Banking Regulatory Commission, Measures for the Administration of Entrusted Loans of Commercial Banks (Draft for Comments)
中国银行业监督管理委员会商业银行委托贷款管理办法 (征求意见稿)
March 16, 2015 | BY
clpstaff &clp articles &Issued: January 16 2015Main contents: The Measures specify that entrusted loans may not be used for:(1) investment in bonds, futures, financial derivatives,…
Promulgated: 2015-01-16
Issued: January 16 2015
Main contents: The Measures specify that entrusted loans may not be used for:
(1) investment in bonds, futures, financial derivatives, wealth management products or equity interests; or
(2) registered capital, capital verification for registration purpose or capital and share increases (Article 12).
Related legislation: Circular on Regulating Interbank Businesses of Financial Institutions
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