China's State Investment Company (SIC) has agreed to make a US$3 billion investment in The Blackstone Group, in the form of non-voting common units. The…
This circular revises the scope of overseas investment, and sets out conditions on offering a product of overseas financial management in overseas stocks.
The Tentative Measures stipulates requirements for engaging in entrusted overseas financial management business, the limit of foreign exchange payments for investments and fund management, risk management and transparency of business.
This law aims to establish the regulatory framework for business activities of trust companies and promote the healthy development of the trust industry.