Guidelines for Trust Companies to Operate a Private Equity Investment Business in China

November 10, 2008 | BY

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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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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