Chinese regulators introduced major rules on Nov. 17—the scale of which has been compared to the U.S. Dodd-Frank Act—to unify regulations for the asset management industry and curtail shadow banking activities.
A provision in an upcoming securities regulation for the financial services sector could bring changes to the way banks and asset managers do business and interact with clients.
Chinese regulators introduced major rules on Nov. 17—the scale of which has been compared to the U.S. Dodd-Frank Act—to unify regulations for the asset management industry and curtail shadow banking activities.
A provision in an upcoming securities regulation for the financial services sector could bring changes to the way banks and asset managers do business and interact with clients.