Foreign banks no longer require a representative office to set up subsidiaries or branches and foreign-invested banks no longer need to allocate minimum capital to set up branches in China
Issued: January 16 2015Main contents: The Measures specify that entrusted loans may not be used for:(1) investment in bonds, futures, financial derivatives,…
Published: January 2015Main contents: The Draft requires that the remote opening of accounts be based on the real name system. Within the scope of remote…
Issued: January 19 2014 Main contents: Pursuant to the Draft, an enterprise in China controlled by a foreign investor is treated as a foreign investor,…