HALISTER1: China to Prevent Risks From Banks’ Overseas Businesses

China to Prevent Risks From Banks’ Overseas Businesses

(Bloomberg) -- China’s banking regulator requires banks to include debt investment in unified risk management system, according to a statement.
  • CBRC also asks banks to be cautious in overseas investment and follow local rules on anti-money laundering
  • Link to Statement:Link
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Source: BFW (Bloomberg First Word)

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