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 read September 02, 2004 at 12:58 AM

clpstaff and clp articles

By Stephen M. Harner

New regulations governing group finance companies (the Administration of Enterprise Group Finance Companies Procedures, hereinafter the New Procedures) were promulgated on July 27 2004, and are effective from September 1 2004.

Exclusive Content

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

Access to 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 Here

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)