The People’s Bank of China will extend its mandate beyond monetary policy, in a significant first step toward the creation of a ‘super regulator’ with oversight of the country’s banking, securities and insurance. Photo: Bloomberg

People’s Bank of China to expand mandate into policing the bond market, with CSRC’s help

The move is a significant first step toward the creation of a ‘super regulator’ that can eventually oversee banking, securities and insurance

Topic |   Central Banks

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The People’s Bank of China will extend its mandate beyond monetary policy, in a significant first step toward the creation of a ‘super regulator’ with oversight of the country’s banking, securities and insurance. Photo: Bloomberg
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