The China Banking and Insurance Regulatory Commission (CBIRC) issued a revision Wednesday to the guidelines on supervision and assessment of commercial banks. The new rules reduce the weight of profitability and add corporate governance and data management into factors for deciding what category of supe...
The draft plan on the institutional reform of the State Council, China's Cabinet, includes 13 steps to restructure several ministries and set up new regulatory bodies. For example, a new regulator for data governance will be created and administered by the National Development and Reform Commission...