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 strengthens the administration of commercial franchising activities, regulates the order of the franchising market, and provides requisite application procedures.
This law aims to establish the regulatory framework for business activities of trust companies and promote the healthy development of the trust industry.
New regulations on commercial franchises should contribute to making the mainland a much more accessible market for international franchisors. What are the new rules, and what questions regarding franchises remain unanswered?