3Novices:China sets up super regulator to mend over fragmented financial regulatory structure

President Xi Jinping has ordered the establishment of a super regulator with powers to coordinate the supervision and management of financial stability, finally putting into action a plan that has been in the works for at least a decade to mend over the country’s fragmented regulatory structure.
The State Council will set up a Financial Stability Development Committee to coordinate between the regulators of banking, securities and insurance, while the People’s Bank of China — the…
July 15, 2017 at 07:39PM
#3Novices #News #OnlineMedia #China 3Novices China


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s