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China Banking and Insurance Regulatory Commission (CBIRC) plans to initiate an enforcement campaign on personal information protection within the year…
China’s banking watchdog will strengthen rules governing the marketing of financial products, particularly the use of celebrities to promote loans or investment products. The regulator will also tighten curbs on illegal charges levied by commercial banks on firms, especially small and medium-sized enterprises, micro enterprises and sole proprietors, Guo Wuping, director of the Consumer Protection Bureau of the China Banking...