In Depth: China Financial Regulator Aims for Greater Consistency With New Departments

By Wu Xiaomeng, Wu Yujian, Ding Feng, Liu Ran, Wang Juanjuan and Zhang Yukun

2024年01月18日 19:41

National Financial Regulatory Administration moves responsibilities for authorization and supervision of asset management institutions each under its own roof

: China’s national financial regulator has set up the Asset and Wealth Management Institution Supervision Department to oversee trust companies, insurers’ asset management subsidiaries, and banks’ wealth management subsidiaries. Photo: VCG

The national financial regulator’s efforts to get more functions each under its own roof will help the agency regulate with greater consistency and expertise, though there could be drawbacks for some of the new departments, regulatory officials and industry insiders told Caixin.

　　[财新双语通产品，是为有双语需求读者专门订制的优惠产品，按此可享超值优惠订阅。]

版面编辑：喻竹杨洋

In Depth: China Financial Regulator Aims for Greater Consistency With New Departments

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