CBRC revises administrative licensing rules on foreign-invested banks | Practical Law

CBRC revises administrative licensing rules on foreign-invested banks | Practical Law

The China Banking Regulatory Commission has issued revised implementing measures on the administrative licensing of foreign-invested banks. The revised measures follow a series of related developments in 2017 intended to further open market access to foreign investment in the financial sector.

CBRC revises administrative licensing rules on foreign-invested banks

Practical Law UK Legal Update w-013-6025 (Approx. 3 pages)

CBRC revises administrative licensing rules on foreign-invested banks

Published on 09 Mar 2018China
The China Banking Regulatory Commission has issued revised implementing measures on the administrative licensing of foreign-invested banks. The revised measures follow a series of related developments in 2017 intended to further open market access to foreign investment in the financial sector.