Legislation roundup: Outbound FX, asset management, and law firms
December 14, 2017 | BY
Katherine JoSAFE has required offshore loans to comply with outbound investment policy, roundabout wealth management activities have been suppressed, and Guangdong has broadened the business scope for Hong Kong/Macao law firms
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Outbound
General Affairs Department of the State Administration of Foreign Exchange, Circular on Improving Exchange Control in Connection with the Provision of Domestic Security by Commercial Banks for Foreign Loans