China to tighten regulations on investment products

The China Banking Regulatory Commission is soliciting opinions on wealth investment management, with clauses aiming to protect investors' interests.

According to a statement on its website, the banking regulator ordered commercial banks to improve the information disclosure system to better inform clients about risks when they buy wealth investment products from banks.

The documents of wealth investment products should include information on investment risks and carry out necessary assessments of clients' ability to endure risks and give anticipated results in a worst-case scenarios.

Chinese commercial banks have lured investors to buy their wealth investment products by touting how profitable they might be.

The assessment of clients' risk-ensuring abilities should be based on their age, financial statements and investment experience, according to the CBRC.

Also Read

Asian investor sentiment index inched higher to 16pts in 4Q13

China's M&A deal values hit record high of US$260b in 2013

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit