New rules proposed by China’s banking regulator are intended to provide closer oversight of an opaque area of business among the nation’s lenders. Photo: Reuters

China’s banking regulator lays out draft plan to tighten oversight of banks’ off-balance sheet business

CBRC introduces a draft of new rules which requires caps and provisions for an opaque areas of business among lenders

Topic |   Banking & Finance

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New rules proposed by China’s banking regulator are intended to provide closer oversight of an opaque area of business among the nation’s lenders. Photo: Reuters
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