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FIS Horizons

2020 is likely to be another eventful year in the Financial Institutions Sector. The question is, how do we address – and even embrace – this change and how do we make the most of the opportunities that change brings?

China’s New Foreign Investment Law: the impact on financial institutions

China’s new Foreign Investment Law (“FIL”) was passed by the National People’s Congress (“NPC”) of the People’s Republic of China (“China” or “PRC”) on March 15, 2019. The FIL will take effect from January 1, 2020, and the existing legislation that has formed the backbone of Foreign Direct Investment (“FDI”) regulation in China since the 1980s (currently scattered over three laws) will be repealed on the same day.

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