1. Abolish the Measures for the Administration of Overseas Financial Institutions Investing in Chinese-funded Financial Institutions. Following the principle of national treatment, there is no separate provision for foreign investors to participate in Chinese-funded financial institutions, and unified market access and administrative licensing measures are applied to Chinese and foreign investors.
2. Cancel the restrictions on foreign shares ratio of Chinese-funded banks and financial asset management companies in the Measures for the Implementation of Administrative Licensing of Chinese-funded Commercial Banks of China Banking Regulatory Commission, the Measures for the Implementation of Administrative Licensing of Rural Small and Medium-sized Financial Institutions of China Banking Regulatory Commission and the Measures for the Implementation of Administrative Licensing of Non-bank Financial Institutions of China Banking Regulatory Commission. Delete the provisions in the relevant provisions of the above three Licensing Measures that the proportion of shares invested by a single overseas financial institution and its related parties as promoters or strategic investors in a single Chinese-funded commercial bank, rural commercial bank and a single financial asset management company as strategic investors shall not exceed 20%, and the proportion of shares invested by multiple overseas financial institutions and their related parties in the above institutions shall not exceed 25%.
3. Clarify the regulatory attributes and legal application of foreign-funded Chinese banks. According to the principle of equal treatment between Chinese and foreign investors, it is clear that foreign financial institutions invest in Chinese-funded commercial banks and rural small and medium-sized financial institutions, and conduct supervision and management according to the institutional type of the institution at the time of shareholding, and may not adjust the institutional type of the bank because of foreign investment. Create a fair, open and transparent rules system for Chinese and foreign investors to participate in the banking industry and maintain the stability and continuity of regulatory rules and systems.
4. It is clear that foreign financial institutions should not only abide by the relevant financial prudential supervision regulations, but also abide by China's basic laws on foreign investment in China.