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Regulators sign MoU for Greater Bay Area Wealth Connect

Authorities in the Greater Bay Area (GBA) have inked a memorandum of understanding (MoU), establishing the cooperation framework and liaison mechanism for the Wealth Management Connect scheme. Four mainland Chinese regulators — the People’s Bank of China (PBoC), the China Banking and Insurance Regulatory Commission (CBIRC), the China Securities Regulatory Commission (CSRC), and the State Administration of Foreign Exchange (SAFE)…

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