China Securities Regulatory Commission, Measures for the Regulation of Futures Companies (Draft for Comments)

中国证券监督管理委员会期货公司监督管理办法 (征求意见稿)

April 17, 2019 | BY

Susan Mok

Issued: March 1, 2019 Main contents: When applying to establish a futures company, its registered capital shall not be less than Rmb100 million…

Promulgated: 2019-03-01

Issued: March 1, 2019

Main contents: When applying to establish a futures company, its registered capital shall not be less than Rmb100 million (Article 6).

Where a major shareholder of a futures company is a legal person or an organization without legal personality, both its paid-in capital and net assets shall not be less than Rmb100 million (Article 7).

The net capital of the controlling shareholder or largest shareholder of a futures company shall not be less than Rmb500 million or its net assets shall not be less than Rmb1 billion (Article 9).

| issued:2019-03-01

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