Doubts remain over legality of M&A lending

    | BY

    clpstaff &clp articles

    Inconsistency" between CBRC guidelines and earlier PBOC regulations

    The banking regulator's new guidelines allowing banks to lend for M&A transactions may not be enough to open the doors to such financing, according to one lawyer.

    As reported by China Law & Practice in December 2008, the issuance of the Guidelines on Risk Management of Acquisition Loans of Commercial Banks by the China Banking Regulatory Commission (CBRC) was a significant move, and one which was expected to pave the way to a new area of business for banks in China.

    This premium content is reserved for
    China Law & Practice Subscribers.

    • A database of over 3,000 essential documents including key PRC legislation translated into English
    • A choice of newsletters to alert you to changes affecting your business including sector specific updates
    • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
    For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]