Chinese lawmakers review draft revision to banking supervision and regulation law

NAMPA / Xinhua

2025-12-22

BEIJING, Dec. 22 (Xinhua) -- Chinese lawmakers have begun reviewing a draft revision to the nation's banking supervision and regulation law, with an eye to improving regulatory measures and enhancing the protection of consumer rights and interests. Reflecting a "penetrative" approach, the draft seeks to expand the scope of regulation from banking institutions to their major shareholders and actual controllers. It also imposes requirements on t......

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