Legislation roundup: Online loans, fund custody and fund trusts

Online loans should be offered in a small scale, CBIRC supports foreign bank branches in applying for fund custody qualifications and trust companies are required to penetratingly identify the underlying assets.

3 minute readMay 15, 2020 at 05:36 AM

Susan Mok

Banking and Finance

China Banking and Insurance Regulatory Commission, Tentative Measures for the Administration of Online Loans Made by Commercial Banks (Draft for Comments)

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