Free Trial

China Should Differentiate Fintech Supervision: Journal

CHINA PRESS

Chinese regulators should adjust supervision on fintech companies according to the sizes of their potential risk exposures and the underlying entities, the China Securities Journal reported citing former PBOC Deputy Governor Wu Xiaoling. Regulators should also urge banks to adopt new asset management rules fully before 2021, Wu was cited saying. They should prepare for localized risk events from structured finance and non-standardized debt assets, the daily reported Wu as saying.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.