Legislation roundup: Shanghai Stock Exchange bonds and financial consumer protection
May 08, 2015 | BY
clpstaff &clp articles &The Shanghai Stock Exchange has allowed institutional bond investors to engage brokerages and Guangdong Province has issued its first rules to protect financial consumer rights
Capital markets
Shanghai Stock Exchange, Circular on Matters Relevant to Bond Market Institutional Investors on the Shanghai Stock Exchange Receiving Services from Money Brokerages
上海证券交易所关于上海证券交易所债券市场机构投资者接受货币经纪公司服务有关事项的通知
Bond market institutional investors on the Shanghai Stock Exchange may engage money brokerages whose establishment was approved by the China Banking Regulatory Commission to provide intermediary services for their trading or transfer of bond products.
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Further reading
PRC Securities Law (Revised in 2014)
Guangdong Province, Guidelines for the Protection of Financial Consumer Rights and Interests
广东省金融消费权益保护工作指引
Guangdong has issued the first circular on financial consumer rights in China. When financial service institutions sell or provide financial products or financial services of a long-term savings nature or of high risk, they shall set a cooling off period and the financial consumer may unconditionally terminate the contract pursuant thereto during such period
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Further reading
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