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CBRC publicizes five revised administrative approval measures for financial sector

( June 8, 2015, 06:02 GMT | Official Statement) -- MLex Summary: The China Banking Regulatory Commission has published five newly-revised measures on administrative approval issues in the financial sector late Friday, four of which relate to Chinese-funded commercial banks, small- and medium-sized rural financial institutions, foreign-funded banks and non-banking financial institutions, respectively. The other one governs activities of trust companies. All five measures take effect from June 5, 2015.Full texts of these measures are attached....

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