23 Jan 2019
China’s banking and insurance regulator issued guidelines on Tuesday to strengthen banks’ overseas compliance management.
It will pay special attention to country risk, anti-money laundering and counter terrorism risks, the China’s Banking and Insurance Regulatory Commission said in a statement on its website. (Reporting by Shu Zhang and Beijing Monitoring Desk; Editing by Nick Macfie)
– By Reuters, 22 January 2019.
Link to Reuters .
You can claim CPD minutes for reading this article, by signing up to our CPD WalletFREE CPD Wallet