KM Financial Solutions | China to tighten rules on banks’ wealth management business – sources
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China to tighten rules on banks’ wealth management business – sources

China to tighten rules on banks’ wealth management business – sources

BEIJING/SHANGHAI, May 9 (Reuters) – China’s banking and
insurance regulator will soon publish detailed rules on banks’
wealth management products (WMPs) as part of Beijing’s effort to
curb risks in the financial sector, three sources familiar with
the matter told Reuters.

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