General Office of the State Council, Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) (2017 Edition)
国务院办公厅自由贸易试验区外商投资准入特别管理措施 (负面清单) (2017年版)
September 16, 2017 | BY
Susan Mok &clp articles &The revised FTZ Negative List lifts restrictions on the financial sector.
Issued: June 5 2017
Effective: July 10 2017
Main contents: In the service sector, restrictions such as branches of foreign banks not allowed to engage in the issuance on an agency basis, cashing in on an agency basis and underwriting of government bonds that are permitted by the PRC Law on Commercial Banks; foreign investors that invest in financial asset management companies being required to satisfy a requirement for total assets of a certain amount; and foreign-funded insurance companies not being permitted to engage in reinsurance ceding and acceptance business with affiliates without the approval of China's insurance regulator are lifted.
Repealed legislation: Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List), 2015
clp reference:2300/17.06.05 issued:2017-06-05 effective:2017-07-10This premium content is reserved for
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