China Banking and Insurance Regulatory Commission, Tentative Measures for the Administration of the Sale of Wealth Management Products by Wealth Management Subsidiaries of Commercial Banks (Draft for Comments)

中国银行保险监督管理委员会商业银行理财子公司理财产品销售管理暂行办法 (征求意见稿)

Platform operators are not allowed to engage in wealth management.

1 minute readJanuary 15, 2021 at 02:53 AM
By
Susan Mok

Issued: December 25, 2020

Main contents: Without the permission of the financial regulator, no non-financial institution or individual may directly or in a disguised manner sell wealth management

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