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Decision of the China Banking and Insurance Regulatory Commission on Repealing and Amending Some Rules

中国银保监会关于废止和修改部分规章的决定

【CLI Code】 CLI.4.320518(EN)  Statement

  • Order of the China Banking and Insurance Regulatory Commission
  • 中国银行保险监督管理委员会令

  • (No. 5 [2018])
  • (2018年第5号)

  • The Decision of the China Banking and Insurance Regulatory Commission on Repealing and Amending Some Rules, as adopted at the 2nd chairman's meeting of the China Banking and Insurance Regulatory Commission, is hereby issued and shall come into force on the date of issuance.
  • 中国银保监会关于废止和修改部分规章的决定已经中国银保监会2018年第2次主席会议通过。现予公布,自公布之日起施行。
  • Chairman: Guo Shuqing
  • 主席:郭树清
  • August 17, 2018
  • 2018年8月17日
  • For the purposes of further expanding opening up of the banking industry, canceling the restrictions on the foreign shareholding ratio of Chinese-funded banks and financial asset management companies, and implementing the rules for consistent equity investment proportion of domestic and foreign investors, the China Banking and Insurance Regulatory Commission (“CBIRC”) has decided to:
  • 为进一步扩大银行业对外开放,取消中资银行和金融资产管理公司外资持股比例限制,实施内、外资一致的股权投资比例规则,中国银保监会决定:
  • I. Repeal one rule
  • The Measures for the Administration of the Capital Contributions of Overseas Financial Institutions to Chinese-Funded Financial Institutions are repealed.
  • II. Amend some clauses of three rules
  • 1. The Implementation Measures of the China Banking Regulatory Commission for the Administrative L
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