Full text translation - September 14 2010

    September 15, 2010 | BY

    clpstaff &clp articles

    Circular on Issues Concerning the Administration of the Provision of Security to Foreign Parties by Organisations in China

    Circular on Issues Concerning the Administration of the Provision of Security to Foreign Parties by Organisations in China

    关于境内机构对外担保管理问题的通知

    The provision of security to foreign parties for financing purposes by banks in China shall be subject to balance control, and the provision of security to foreign parties by non-bank financial institutions and enterprises shall mainly be subject to approval on a case by case basis. (See full translation)

    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]