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The PBOC and other financial............>

CHINA PRESS
CHINA PRESS: The PBOC and other financial regulators will issue rules regulating
financial holding companies, 21st Century Business Herald reported Wednesday,
citing former PBOC officials and people with knowledge of the issue. 
- The rules aim to tackle previous problems of FHCs, such as financing of
shareholders and stakeholders, and the legality of capital source: banker close
to regulators; 
- The rules are likely to be announced this year as strengthening regulation on
FHCs is urgent because illegal practices in the sector create significant
cross-market financial risks: former PBOC official.

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