Legal
China to tighten rules on banks' wealth management business – sources
China’s banking and insurance regulator will soon publish detailed rules on banks’ wealth management products as part of Beijing’s effort to curb risks in the financial sector, three sources familiar with the matter told Reuters. The rules, which would tighten banks’ risk control of the country’s $4.63 trillion WMPs, follow…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters