The China Banking Regulatory Commission has issued a notice on regulating wealth management links between banks and trust companies. As is the practice of PRC regulators, the language of the statement is vague and open ended. However, the fact that the regulator has flagged domestic banks’ use of trusts will be a warning to institutions to carefully review such arrangements. According…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]