This week the police charged GlaxoSmithKline with corruption and bribery, Alibaba set up a film company in Hong Kong and State Grid spent billions on a nationwide power network
The CBRC issued regulations for banks in the Shanghai Free Trade Zone, the CIRC tightened capital requirements of pooled fund trust plans and the CSRC has set guidelines for review committees in listed companies' acquisition and restructuring
National legislation Banking Implementing Measures for the Administrative Permission Items of Small and Medium Rural Financial Institutions 农村中小金融机构行政许可事项实施办法…
The Measures specify that, among the promoters, at least one is to be a qualified commercial bank, manufacturer or foreign lease financing company and its capital contribution is to account for not less than 30% of the share capital.