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The China Banking Regulatory Commission has...>

CHINA
CHINA: The China Banking Regulatory Commission has pledged to regulate
transactions between banks and trust companies, according to a statement on its
website late Friday. Commercial banks will now be prohibited from transferring
assets off their balance sheets via trust companies, and transactions between
banks and trust companies, with banks shouldering the credit risks, will now be
included into unified credit management, the CBRC noted. The relevant
transactions are not allowed to invest trust capital into the property market,
the CBRC said.

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