Our firm was recently retained by a securities company in respect to proposed online securities-related business under consideration in cooperation with an internet services company. We discussed at that time whether the cooperation would involve external access to the securities company’s data system.
Partner
Zhonglun W&D Law Firm
The Guiding Opinions on Promoting the Healthy Development of Internet Finance, which took effect on 18 July, encourage banking, securities, insurance, fund, trust and consumer finance institutions to upgrade their traditional finance business and services via online technologies.
The guiding opinions give support to internet companies to lawfully establish online payment mechanisms, lending platforms, equity crowd financing platforms and financial product sales platforms. The guiding opinions also give support to securities, fund, trust, consumer finance and futures institutions in cooperating with internet services companies to broaden their financial products sales channels.
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Cao Chunfen is a partner of Zhonglun W&D Law Firm
19/F Golden Tower
1 Xibahe South Road, Chaoyang District
Beijing, 100028 China
Tel：+86 10 6440 2232
Fax：+86 10 6440 2915/2925
E-mail：caochunfen@zlwd.com
www.zhonglunwende.com
