China issues draft to ease rules on foreign investment in asset management firms

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

BEIJING : China's National Financial Regulatory Administration (NFRA) on Friday issued a draft on easing rules on foreign investment in asset management businesses as part of efforts to attract overseas investors.Among rules the NFRA is soliciting public opinion on until Aug. 21 is the proposed removal of

BEIJING : China's National Financial Regulatory Administration on Friday issued a draft on easing rules on foreign investment in asset management businesses as part of efforts to attract overseas investors.

Among rules the NFRA is soliciting public opinion on until Aug. 21 is the proposed removal of restrictions barring overseas non-financial institutions from investing in financial asset management firms. The draft rules also call for abolishing the total asset requirement for overseas financial institutions wanting to invest in financial asset management firms.

Multinationals would also be allowed to directly initiate the establishment of foreign-funded financial companies under the draft rules.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 6. in PT

Portugal Últimas Notícias, Portugal Manchetes