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Tough Rules to Tame Asset-Management Industry Coming Soon

The final version of new, tighter regulations for China's asset management industry is likely to be launched before the country holds its annual legislative sessions in March, sources told Caixin. Photo: VCG
The final version of new, tighter regulations for China's asset management industry is likely to be launched before the country holds its annual legislative sessions in March, sources told Caixin. Photo: VCG

Months after China’s commercial banks strongly pushed back against tighter proposed regulations for the country’s asset-management industry, the rules are now going through final amendments before publication, which could come as early as this month.

The final version of the regulations is likely to be launched before the country holds its annual legislative sessions in March, sources told Caixin.

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