China ’s central bank is reportedly drafting fresh rules aimed at financial holding companies in a bid to curb systemic financial instability . The rules would impose certain requirements on capital adequacy , and would force financial holding conglomerates to create different units within a single company in order to separate non - financial assets . The move would lead to increased compliance costs for the companies involved .
China’s central bank is reportedly drafting fresh regulations aimed at financial holding companies in a bid to curb systemic financial risks. The rules would introduce certain requirements on capital adequacy, and may force financial holding conglomerates to create different units within a single company in order to separate non-financial assets. The move would lead to increased compliance costs for the companies involved.