Off-site Regulatory Rules for Financial Leasing Companies (selected - 2)
Off-site Regulatory Rules for Financial Leasing Companies (selected - 2)
Article 8: Each local financial regulatory authority shall supervise and guide each financial leasing company within its jurisdiction in developing and implementing an off-site regulatory information submission system for submitting various data and information in accordance with the applicable requirements of the CBRC and the local financial regulatory authority, to ensure that true, accurate, and complete data and information are submitted in a timely manner.
Article 9: Each local financial regulatory authority shall require each financial leasing company within its jurisdiction to establish a major event reporting system and report any of the following events to the local financial regulatory authority within 5 working days after the occurrence: major related party transactions, major pending litigations and arbitrations, and other major events required to be reported according to the provisions of the local financial regulatory authority.
Robert Zhang 
Steve Li 