Enterprise Group Finance Companies Subject to New Rules

New rules have been promulgated by the China Banking Regulatory Commission to oversee group finance companies. The regulatory body retains its assertive role in the finance sector.

5 minute readSeptember 02, 2004 at 12:58 AM
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By Stephen M. Harner

New regulations governing group finance companies (theAdministration of Enterprise Group Finance Companies Procedures, hereinafter the New Procedures) were promulgated on July 27 2004, and

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