China: Regulator announces foreign ownership in the financial sector to be temporarily scrapped

Announcement

11 Oct 2019

October 11th, 2019 - The Chinese banking regulator announced a liberalising change in regulations governing foreign investment in the financial sector.

Source

Number of interventions

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2020

Revocation date:

31 Dec 2022

Updated: 11 Oct 2019

FDI: Entry and ownership rule

On October 11th, 2019, the China Securities Regulatory Commission released an announcement (hereafter, 'Announcement') that stated foreign ownership restrictions in the financial sector were to be ...

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