CBRC Orders Trust, Lease, and Finance Companies to Submit Reports on Loans

By Economic Observer Online
Published: 2011-01-26

Trust companies, lease companies, and finance companies in China will be required to examine their outstanding mid- and long-term loans and submit a report to the China Banking and Regulation Commission (CBRC). The institutions will be required to provide a report to local authorities before the end of January and then they have until the end of February to submit the results to the central commission.

Source
Economic Observer Online

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