In the News: First Foreign Broker; Europe FDI Decade Low; and Price Index Rules

June 21, 2021 | BY

Vincent Chow

CBIRC approves China's first wholly foreign-owned money broker to begin operations; Chinese investment in Europe fell to decade low in 2020; and NDRC releases new rules standardizing disclosure and compilation requirements for price index providers

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London, UK. Credit: IRStone/Adobe Stock

 

CBIRC approves first wholly foreign-owned money broker

A Japanese money broker is set to become the first foreign firm to operate a wholly foreign-owned currency