Posted inChina biz briefs

China to push forward Wealth Management Connect

A memorandum of understanding (MOU) over the Wealth Management Connect (WMC) was signed last weekend, according to the People’s Bank of China (PBoC), accelerating the pace to integrate wealth management systems in the Greater Bay Area (GBA). The MOU covers areas including supervisory information exchange, law enforcement cooperation, investor protection, and liaison and consultation, the […]