General Office of the China Banking Regulatory Commission, Circular on Issues Relevant to Further Regulating the Personal Financial Management Business of Commercial Banks

中国银行业监督管理委员会办公厅关于进一步规范商业银行个人理财业务有关问题的通知

CBRC puts a halt to commercial banks' selling of products linked to overseas funds.

1 minute readMay 08, 2008 at 12:58 AM

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& clp articles

Issued: April 3 2008

Main Contents: When naming financial management products, commercial banks may not use enticing or misleading words, or words that give promises, and may not use ambiguous language that underlies potential risks or is prone to causing disputes.

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