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CBIRC Guo Shuqing: Internet Platforms Must Meet Same Capital Adequacy Ratio Requirements As Financial Biz
At Chinese SCIO's news conference, the CBIRC Chairman Guo Shuqing said that regardless of being banks on internet platforms, micro-lending firms and consumer finance companies,...
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CBIRC Guo Shuqing: Internet Platforms Must Meet Same Capital Adequacy Ratio Requirements As Financial Biz
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2021/03/02 12:51
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At Chinese SCIO's news conference, the CBIRC Chairman Guo Shuqing said that regardless of being banks on internet platforms, micro-lending firms and consumer finance companies, all financial businesses commenced online would have to comply with the same capital adequacy ratio requirements as other financial institutions do.
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