Jiangsu Financial Regulatory Bureau jointly promotes the implementation of real estate trust property registration.
On March 25, the Jiangsu Regulatory Bureau of the National Financial Supervision and Administration announced that they, in conjunction with the provincial government's financial office and the provincial department of natural resources, have issued a notice to pilot real estate trust property registration in Nanjing and Suzhou. The guidance allows for the establishment of real estate trusts for special needs in Suzhou, where assets such as properties, property income rights, and insurance policy rights under the name of the trustor are included in the trust system.
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