News China05 Mar 2021

CBIRC issues draft guidelines for recovery and resolution planning by insurers and banks

| 05 Mar 2021

The CBIRC has released its "Interim Measures for the Implementation of the Recovery and Resolution Plan for Banking and Insurance Institutions (Draft for Solicitation of Comments)", with the goal of preventing and defusing major risks, achieve orderly recovery and resolution, protect the legitimate rights and interests of customers.

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