Tuesday 13 April 2021
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channelnewsasia - 1 month ago

Chinese fintech platforms expected to meet capital requirements within 2 years - regulator

BEIJING: China s financial technology companies are expected to meet capital adequacy requirements within a maximum of two years, said Guo Shuqing, head of the China Banking and Insurance Regulatory Commission (CBIRC) on Tuesday. Micro lenders, consumer finance firms and banks operated by ...


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