The China Banking and Insurance Regulatory Commission on Saturday summarised the major challenges and risks the country’s financial sector had faced this year. Photo: dfic

Scandal-hit jeweller Kingold named and shamed, as China financial regulator calls for stricter risk management

  • Kingold incident reveals that internal controls and risk management at some financial institutions are ‘empty shells’, China Banking and Insurance Regulatory Commission says
  • Beijing is clamping down on illegal activity in China’s financial industry
Topic |   Financial regulation
The China Banking and Insurance Regulatory Commission on Saturday summarised the major challenges and risks the country’s financial sector had faced this year. Photo: dfic
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