China Banking Regulatory Commission, Implementing Measures for Matters Subject to Administrative Licensing of Chinese-invested Commercial Banks (Amended)

中国银行业监督管理委员会中资商业银行行政许可事项实施办法(修订)

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clpstaff &clp articles

QFIIs no longer given preference as investors in Chinese banks.

Promulgated: December 28 2006
Effective: As of date of promulgation

Main Contents: Item (4) of Article 7 has been changed from "promoter shareholders shall include qualified foreign institutional investors" to "promoter shareholders shall include qualified institutional investors".

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