In the News: Fund Custody Opening; Margin Lending Crackdown; and FTZ Reforms Nationwide

Foreign 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

6 minute readJuly 13, 2020 at 02:20 AM

Vincent Chow

In the News: Fund Custody Opening; Margin Lending Crackdown; and FTZ Reforms 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,

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