Gao Chuanjie, Director of Regulatory Department for Non-Banking Insti-tutions, China Banking Regulatory Commission (CBRC), stated a few days ago,CBRC encourages foreign institutions to enter China mainland market by h...Gao Chuanjie, Director of Regulatory Department for Non-Banking Insti-tutions, China Banking Regulatory Commission (CBRC), stated a few days ago,CBRC encourages foreign institutions to enter China mainland market by having mutual shareholding of the domestic trust companies. In consideration of taking precautions against the risk of the trust business, it is necessary to set up the protection funds for trust investors; the regulatory departments of the bank, securities andinsurance should jointly study the existing financing market, and unify the regulatory policy.展开更多
文摘Gao Chuanjie, Director of Regulatory Department for Non-Banking Insti-tutions, China Banking Regulatory Commission (CBRC), stated a few days ago,CBRC encourages foreign institutions to enter China mainland market by having mutual shareholding of the domestic trust companies. In consideration of taking precautions against the risk of the trust business, it is necessary to set up the protection funds for trust investors; the regulatory departments of the bank, securities andinsurance should jointly study the existing financing market, and unify the regulatory policy.
