China Securities Regulatory Commission, Provisions for the Administration of the Equity of Securities Companies (Revised)

中国证券监督管理委员会证券公司股权管理规定 (修正)

March 29, 2021 | BY

Susan Mok

CSRC redefines major shareholders of securities companies

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Promulgated: March 18, 2021

Effective: April 18, 2021

 

Main contents: The definition of a "major shareholder" is revised from "a shareholder that holds at least 25% of the equity