Regulators Rally Around Wealth Product Control

(Beijing) – Agencies that supervise China's banking, securities and insurance industries appear to be moving toward building a unified set of standards for investment product supervision.

Top officials from the China Banking Regulatory Commission (CBRC), China Securities Regulatory Commission (CSRC) and China Insurance Regulatory Commission (CIRC) recently discussed standardization options as well as investment co-monitoring and information sharing, sources close to CBRC told Caixin.