The European Chamber’s Non-Banking Financial Institutions Working Group is delighted to invite you to its next working group meeting “Regulatory Updates and Implementation on Leasing and Commercial Factoring” which is to take place on Tuesday 13th July, 16.00-18.00.
Members may register online or email Charlotte at csvensson@europeanchamber.com.cn by latest Friday 9th June, COB to join this meeting.
At this meeting, Sharon ZM Chen, Director Commercial, Corporate Services, Vistra and Ms Dujian Lin, Legal Advisor, Vistra will share their interpretation on the latest regulatory developments in leasing and commercial factoring, including:
· Shanghai Financial Leasing Company and Commercial Factoring Company's Relevant Business Specification Guidelines for Individual Customers 《上海市融资租赁公司、商业保理公司涉个人客户相关业务规范指引》launched 2020-05-01
· Guidelines for the Supervision and Management of Beijing Financial Leasing Companies (for Trial Implementation) 《北京市融资租赁公司监督管理指引》（试行）launched 2020-04-07
· Regulation of Beijing on Local Financial Regulation 《北京市地方金融监督管理条例》will be launched on 2021-07-01
· Implementation of the Civil Code related to mortgage registration of movable property, People’s Bank of China’s Uniform Registration Measures for Moving Property and Rights Guarantees (Revised Draft for Comments) 《中国欧盟商会关于中国人民银行发布《动产和权利担保统一登记办法（修订征求意见稿）》, public consultation concluded 2021-06-03
Members will also have an exchange on the implementation of the Civil Code (Mortgage, Zongdeng etc.), briefly examine the changes expected to be brought forward by the IIT reform for expat employees, and form an advocacy plan for the launch of the NBFI Position Paper in September.
Tentative Agenda:
16.00 Welcome Remarks by Olivier Rambert, NBFI WG Chair
16.10 Presentation by Vistra
16.35 Q/A
16.50 Presentation by Daniel Yu, Société Générale Renting & Leasing Ltd, on the latest exchanges on the Civil Code
17.20 NBFI Position Paper Updates and Advocacy Plan
17.55 Closing remarks by Olivier Rambert, NBFI WG Chair
18.00 End of meeting