Legislation roundup: Offshore RMB, online news services and money market funds

The PBOC has limited banks' renminbi outflows, data compliance requirements for internet news outlets have increased and the CSRC has widened investment options for money market funds

2 minute readJanuary 21, 2016 at 05:48 AM
By
Katherine Jo

Banking

People's Bank of China, Circular on Implementation of the Normal Deposit Reserve Rate for Deposits with Domestic Correspondent Banks by Banks Participating in Offshore Renminbi Business

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