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

January 21, 2016 | BY

Katherine Jo

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

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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