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The State Administration of Financial Supervision and Regulation Issues "Decision on Repealing Selected Regulations"
3 week ago /
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Author：小编
The State Administration of Financial Supervision and Regulation (SAFSR) has formulated and implemented the "Decision on Repealing Selected Regulations" with the aim of preserving the unity of the regulatory framework and enhancing the quality and efficiency of regulatory tasks. This decision entails the repeal of four regulations, notably the "Guidelines for Market Risk Management of Commercial Banks." Prior to this action, SAFSR publicly solicited opinions from the public on this decision and incorporated the majority of the suggestions received. Moving forward, SAFSR will continue to prioritize the streamlining of regulations to ensure their alignment with current regulatory practices and societal advancements.
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