Legislation roundup: Commercial banking law, Internet+ and price frauds

The 75% loan-to-deposit ratio requirement for commercial banks has been scrapped, the State Council has promoted innovation in key sectors and the NDRC has cracked down on price frauds on online platforms

2 minute readJune 25, 2015 at 12:15 PM

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Banking

Bill for Amendments to the PRC Law on Commercial Banks (Draft)
中华人民共和国商业银行法修正案 (草案)

The bill removes the provision requiring that the loan balance not exceed 75% of the deposit balance, and

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