China Banking and Insurance Regulatory Commission, Implementing Measures on Administrative Permission Matters of Trust Companies

中国银行保险监督管理委员会信托公司行政许可事项实施办法

December 11, 2020 | BY

Susan Mok

Foreign financial institutions are allowed to invest in trust companies

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Promulgated: November 16, 2020

Effective: January 1, 2021

 

Main contents: To establish the institution with legal personality of a trust company, there shall be capital contributors that satisfy the specified