Financial Groups Provide Turnover Calculation Methods for Concentration of Businesses - 金融业经营者集中申报营业额计算办法 中华人民共和国商务部、中国人民银行、中国银行业 监督管理委员会、中国证券监督管理委员会、中国保险监督管理委员会
Released on July 15, 2009, and effective on August 14, 2009
The Ministry of Commerce, the People’s Bank of China, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission jointly issued the Calculation Methods for the Turnover for Declaration of the Concentration of Business Operators in Financial Industry (“Methods”), which are applicable to banking entities, securities companies, futures companies, fund management companies, insurance companies and other financial operators. The Methods provide elements for constituting turnover and calculation formulas for each of the above companies for the declaration of the concentration of business operators.