CBIRC releases rules to improve internal controls at wealth management companies
David Zhang
Since 2017, financial derisking has been one of Beijing’s primary goals. Since then, regulatory efforts have focused on defusing extant risks – for WMCs that’s meant…
David Zhang
32 posts
PBoC adds foreign banks to its core green finance program
Beijing knows that financing China’s green and low-carbon transition will not be easy, which is why it has been working on increasing foreign participation in green finance. However, this move isn’t just about expanding CERF…