New Rules on JV Securities Companies: A Limited Opening of China's Securities Industry

The China Securities Regulatory Commission (the CSRC, China's securities regulatory body), issued the Establishment of Securities Companies with Foreign Equity Participation Rules (the Securities JV Rules or the Rules) on June 1 2002. The Rules set out the conditions and procedures for the establishment of Chinese-foreign securities joint venture companies and they represent a limited opening up of China's securities industry to foreign investors.

11 minute readJuly 02, 2002 at 12:58 AM

clpstaff

& clp articles

By Bill Shouyun TongWyselead Law Firm,Shanghai

The qualification requirements

While the Securities JV Rules allow the establishment of securities joint venture companies between foreign securities firms and their Chinese counterparts, the Rules have set out various qualification requirements in respect of the shareholders.

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 3000+ essential documents, including key PRC laws translated into English

✓ Newsletters with business-critical and sector-specific updates

✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now