The NFRA's Steering of Domestic Financial Institutions in 2024
February 19, 2024 | BY
Susan MokAs the first anniversary of the National Financial Regulatory Administration approaches, Evelyn Song of Tian Yuan Law Firm examines its short but influential history and the ongoing importance of its support for the property sector
Summary
- The NFRA is a relatively new supervisor for China's domestic financial sector
- It has proven to be robust, with clear objectives to strengthen supervision, emphasizing risk control; but support