PRC Banking Regulation Law

中华人民共和国银行业监督管理法

The PRC Banking Regulation Law establishes a new banking supervision institution – the China Banking Regulatory Commission (CBRC) – to oversee the regulation for all banking institutions and activities in China.

1 minute readJanuary 31, 2004 at 11:58 PM

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Promulgated: December 27 2003

Effective: February 1 2004

Main contents: The Law gives details of the regulatory authorities for the banking industry, as well as their regulatory duties and regulatory measures.

clp reference:3600/03.12.27(1)

promulgated:2003-12-27

effective:2004-02-01

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