Briefing on major new regulation on cross-border lending published in UK-based banking journal
2022-12-23
A major new regulation on cross-border lending (People's Bank of China Circular No. 27), took effect earlier in the year. We prepared an extensive overview of the regulation in Chinese (《境内银行业金融机构境外贷款新规解析》). Below is a shorter version of the article in English. The briefing in English first appeared in the December issue of Butterworths Journal of International Banking and Financial Law in International Briefings.
The authors are partners Zhang Xu and Shen Sisi with the support of associate Li Lili.
China's New Regulation on Overseas Loans by Domestic Banks