UPDATE 1-China steps up regulations of $3 trillion bank wealth management products
19 Jul UPDATE 1-China steps up regulations of $3 trillion bank wealth management products
Posted at 11:36h
in
News
by KMFSLLP
China’s banking and insurance
regulator on Friday released long-awaited draft rules to
strengthen regulations of commercial bank wealth management
businesses, the latest step by Beijing to fend off systemic
financial risks.
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