- Banking and Finance Laws
- Capital Markets
- China Law News
- Intellectual Property
- Retail Trade and Distribution
In the News: Fund Custody Opening; Margin Lending Crackdown; and FTZ Reforms Nationwide
July 13, 2020 | BY
Vincent ChowForeign banks' local branches can apply for fund custody licenses, fulfilling trade deal pledge; China's securities watchdog names and shames illegal margin lenders as fears grow of 2015 market rout repeat; and State Council announces sixth batch of FTZ reform measures to be rolled out nationwide
Foreign bank branches allowed to conduct fund custody business
China has finalized rules allowing foreign financial institutions to enter the fund custody market through their local branches. On July 10,
