Legislation roundup: Foreign banks, free trade zones and lawyers' rights

The State Council has lifted restrictions for foreign-invested banks, three new FTZs have been set up and the Supreme People's Procuratorate has clarified lawyers' practice rights

3 minute readJanuary 08, 2015 at 10:13 AM
By
clpstaff
& clp articles

Banking


State Council, PRC Regulations for the Administration of Foreign-invested Banks (2nd Revision)
国务院中华人民共和国外资银行管理条例 (第二次修订)

The revised Regulations lift the requirement for a wholly foreign-owned bank or Sino-foreign equity joint venture bank



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