China Banking Regulatory Commission, Measures for the Administration of Lease Financing Companies

中国银行业监督管理委员会金融租赁公司管理办法

July 02, 2007 | BY

clpstaff &clp articles

New measures to open up the lease financing sector to foreign investment

Promulgated: January 23 2007
Effective: March 1 2007

Applicability: For the purposes of these Measures, the term "lease financing company" means a non-bank financial institution approved by the China Banking Regulatory Commission that principally engages in the lease financing business (Article 2).

Main Contents: The major investor in a lease financing company shall satisfy one of the conditions set forth below:

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