China new AM rules unlikely to quell surging WMPs

Nov 28, 2017

The country's first unified rules on the asset management industry are targeting wealth management products. But several experts predict issuance will rise, despite the tougher rules.

China new AM rules unlikely to quell surging WMPs

China’s new asset management product rules, which propose to restrict financial institutions from using their capital to compensate investors over failed investment products, are set to change how banks issue wealth management products (WMPs).

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