Chinese Companies to Report Beneficial Ownership as of Nov. 1st, 2024
In order to prevent and curb money laundering and terrorist financing activities, the People’s Bank of China and the State Administration for Market Regulation jointly promulgated the Measures for the Administration of Beneficial Ownership Information (the “Measures”) earlier this year, which came into effect on November 1, 2024. As of that date, the relevant entities […]
