Authority clamps down on rep offices.
Bonus payment of senior management personnel of banks required to be deferred.
Financing security companies put under regulation.
National legislation Asset valuationAsset Valuation Guidelines-Jewellery 资产评估准则—珠宝首饰 L3300/09.12.18 Aviation and aerospaceOpinion…
Stricter criteria for real property trust financing.
Investment of insurance proceeds in unsecured bonds restricted.
MLR issues 19 articles to curb property speculation.
Loans with unspecified purposes not allowed.
Policy-type residential premises are to account for at least 50% of the market in Beijing.
The Measures specify the criteria for establishing a financing security company. The minimum registered capital may not be less than Rmb5 million.