CBRC steers Mainland banks into ‘big data’ era with new directive

19 March 2018 | 3 minutes read

The China Banking Regulatory Commission (CBRC) is guiding the Chinese banking industry into the ‘big data’ era as it launches a data management framework for banks. The commission has requested banks to improve the quality of their data capturing and managing processes. It has also demanded that lenders take issues around data management and client privacy more seriously. Among the…

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