CSRC proposes changes to the process and requirements for establishment of and transfers of equity in securities companies

Nearly a year after the Securities Companies Equity Management Measures were enacted, CSRC has released consultation draft proposals to the Measures and their implementing rules. With a consultation period of one month, the proposals largely keep the structure of the Measures intact, while proposing some important changes. These are previewed in this alert, with a focus on unlisted securities companies.

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