Legislation roundup: Foreign banks, private funds and insurance companies

October 31, 2018 | BY

Susan Mok

It may be easier for foreign banks to set up branches in China, private fund management business is put under greater scrutiny and insurance companies are given more flexibility in equity investment.

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Banking

State Council, Decision on Revising the (Draft for Comments)

国务院关于修改〈中华人民共和国外资银行管理条例〉的决定 (征求意见稿)

A foreign bank may simultaneously establish a wholly foreign-owned bank and a foreign bank branch, or simultaneously establish a Sino-foreign