SAFE Approval and Registration of PRC Bank Refund Guarantees

We are of the view that the 2008 Amendment does not create a new SAFE approval requirement for RGs, in that both SAFE approval and SAFE registration had been required prior to the 2008 Amendment. www.incelaw.com

SAFE Approval and Registration of PRC Bank Refund Guarantees incelaw.com Tue, Oct 7, 2008