China Banking Regulatory Commission, Measures for the Administration of Pilot Consumer Finance Companies

中国银行业监督管理委员会消费金融公司试点管理办法

China opens up a new financial sector.

1 minute readOctober 10, 2009 at 12:58 AM

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Promulgated: July 22 2009

Effective: as of date of promulgation

Interpreting authority: China Banking Regulatory Commission (CBRC)

Main contents: The principal investor in a consumer finance company shall be a domestic or foreign financial institution or another investor approved by the CBRC

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