China Revises Foreign-Invested Banking and Insurance Regulations for Greater Opening-Up

Frank Jiang and Emily Xu of Zhong Lun Law Firm highlight the newly introduced regulations aimed at foreign-invested banks and insurers to encourage foreign investors to expand their presence in China and strengthen the competitiveness in the financial sector

6 minute read December 04, 2019 at 12:35 PM

Susan Mok

China Revises Foreign-Invested Banking and Insurance Regulations for Greater Opening-Up

China has been stepping up its pace to grant easier and more expanded market access for foreign investment in the financial sector amid its opening-up initiative under the Foreign Investment Law (外商投资法), which was adopted on March 15, 2019 and will be effective as of January 1, 2020.

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