China Banking and Insurance Regulatory Commission: Prohibit trust companies from setting up remote management headquarters


2023-04-01: [Chinese Article Link] In order to optimize the cross-regional business model of trust companies, promote the transformation and development of trust companies, and better serve the real economy, the China Banking Insurance Regulatory Commission recently issued the "Notice on Regulating Matters Relating to the Different


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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China Banking and Insurance Regulatory Commission: Prohibit trust companies from setting up remote management headquarters


2023-04-01: [Article Link] In order to optimize the cross-regional business model of trust companies, promote the transformation and development of trust companies, and better serve the real economy, the China Banking Insurance Regulatory Commission recently issued the "Notice on Regulating Matters Relating to the Different

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.