China Banking Regulatory Commission, Circular on Further Preventing Risks Relevant to Business Transactions Between Banking Financial Institutions and Securities Companies
中国银行业监督管理委员会关于进一步防范银行业金融机构与证券公司业务往来相关风险的通知
June 02, 2007 | BY
clpstaff &clp articlesBanks required to ensure that loans are not used for stock trading.
Issued: December 31 2006
Effective: As of date of issue
Main Contents: Banking financial institutions shall incorporate financing of securities companies into the unified credit granting management mechanism to establish