Know your bank-trust products before investment
Banking regulator stops sale of bank-trust wealth management products
Issue: September 2010
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bank-trust
Llinks
Investors in bank-trust products need to be alert to any risks involved and aware of all information disclosures related to the products, say counsel.
As trusts are instruments intended to evade supervision, Shanghai-based partner Charles Qin of Llinks Law Offices advised that “investors need to consider seriously the product’s risk degree and the party responsible for assuming risks, especially for products with high income”.
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