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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.
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The momentum to tighten regulation of...>
CHINA PRESS: The momentum to tighten regulation of the asset management sector
will not change and regulators will remove asset management risks in an orderly
and steady manner, the Financial News, a journal run by the People's Bank of
China said in a commentary Thursday. Vested interest groups are trying to
obstruct the launch of the new regulations with the excuse that the new rules
would cause systemic risks, the commentary warned. Financial institutions will
suffer some short-term pain under the new regulations, and even see their asset
management businesses shrink, but regulators will not change course considering
the excessive financial market volatility that was triggered by the messy asset
management sector in recent years, the commentary stressed. (Financial News)
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.