In the past, theMeasures for the Administration of Trust Companies (信托公司管理办法) and theMeasures for the Administration of Trust Companies' Trust Plans of Assembled Funds provided a legal foundation for trust companies to operate a private
Guidelines for Trust Companies to Operate a Private Equity Investment Business in China
The China Banking Regulatory Commission recently issued guidelines which provide additional legal basis and specific operational guidelines for trust companies in China. By Allen Zhou, Paul, Hastings, Janofsky & Walker partner.
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