Ｌｅｇａｌ－Ｅａｓｅ：　Ｅｓｔａｂｌｉｓｈｉｎｇ　Ａ　Ｆｏｒｅｉｇｎ－ｏｗｎｅｄ　Ｆｉｎａｎｃｉａｌ　Ｉｎｓｔｉｔｕｔｉｏｎ　ｉｎ　Ｃｈｉｎａ

Setting up a foreign-owned bank in China can be a daunting task, requiring strict adherence to the China Banking Regulatory Commission's (CBRC) Measures for the Implementation of Administrative Licensing Items Concerning Foreign-Funded Financial Institutions. The CBRC's requirements can be distilled down to three manageable components: setting up the representative office, apply-ing for a business license, and establishing a branch.