CBIRC strengthens on-site inspection framework

Chinese regulators continue to push for greater compliance across the financial industry as concerns about undisclosed problems mount in the wake of the Baoshang Bank takeover and similar issues at other regional banks. Regulators view onsite inspection, as well as building greater regulatory discipline…
View Post

Two Sigma wins China private equity fund license

The entrance of well-established foreign wealth management firms into China is reflective of Chinese leaders’ drive toward continued financial market opening. Additionally, competition from high-quality foreign firms may …
View Post