New Rules on Intermediary Services Offered by Commercial Banks

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clpstaff &clp articles

The People's Bank of China (PBOC) issued the Relevant Questions in Implementing the Circular (the Circular) on April 22 2002. This legislation expands on the 2001 Commercial Bank Intermediary Services Tentative Provisions (the 2001 Provisions).

By Philip Gilligan, Partner and Athena Wong, Associate Lovells

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