Global Trade Alert
Global Trade Alert

China: Relaxed licensing requirements for foreign-funded banks carrying out certain kinds of business

Announcement

10 Mar 2017

March 10th, 2017 - China formalised a policy trialled from 2015, which relaxed licensing requirements for various activities of foreign-funded banks.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

10 Mar 2017

Revocation date:

No revocation date

Updated: 10 Mar 2017
FDI: Treatment and operations, nes In force

On the 10th of March 2017, the China Regulatory and Banking Commission announced a policy which removed the licensing requirement for firms undertaking the following types of business:

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