China Banking and Insurance Regulatory Commission, Measures for Administration of the Internal Controls of Wealth Management Companies
中国银行保险监督管理委员会理财公司内部控制管理办法
September 19, 2022 | BY
Susan MokA wealth management company is required to continuously track the changes in the risk monitoring indicators of each wealth management product
Promulgated: August 22, 2022
Effective: as of date of promulgation
Applicability: These Measures shall govern wealth management companies, including wealth management subsidiaries established in the People's Republic of China by commercial banks in accordance with the law, and other non-bank financial institutions mainly engaged in wealth management business and the establishment of which has been approved by the China Banking and Insurance Regulatory Commission (Article 2).
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