In the News: Unreliable Entities Blacklist; Ford's Antitrust Fine; End of Benchmark Lending Rates; and Local Permits for Foreign Fintech Firms

MOFCOM's new Unreliable Entity List is mooted as possible trade war retaliatory tool; Ford's China JV hit with $23.6 million antitrust fine; PBOC may scrap its official benchmark lending rates; and SAFE says overseas digital finance firms must have local permits.

4 minute readJune 10, 2019 at 09:16 AM
By
Marilyn Romero
In the News: Unreliable Entities Blacklist; Ford's Antitrust Fine; End of Benchmark Lending Rates; and Local Permits for Foreign Fintech Firms

China sets up blacklist of foreign “unreliable entities”

China's Ministry of Commerce, or MOFCOM, has an announced the establishment of a list of “unreliable entities” which the government says are

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

  • ✓ A database of 3000+ essential documents, including key PRC laws translated into English
  • ✓ Newsletters with business-critical and sector-specific updates
  • ✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)