Legislation roundup: CDR, tax breaks and banks' risk exposures

May 09, 2018 | BY

Susan Mok

China allows CDRs, tax breaks only require retention of documentation, and curbs are imposed on large exposures of banks

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Capital Markets

China Securities Regulatory Commission, Measures for the Administration of the Offering and Trading of Depository Receipts (Draft for Comments)

中国证券监督管理委员会存托凭证发行与交易管理办法 (征求意见稿)

With respect to the issuer of the underlying foreign