China to tighten rules on banks’ wealth management business – sources
08 May China to tighten rules on banks’ wealth management business – sources
Posted at 09:29h
in
News
by KMFSLLP
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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