China's National Financial Regulatory Administration issued a notice repealing and declaring ineffective a set of normative regulatory documents, following a broad solicitation of opinions. The clean-up removes 44 documents from the supervisory rulebook and renders a further seven documents invalid. The authority positioned the update as a measure to improve the timeliness of the regulatory framework and better align financial regulatory policy with industry development needs. Further work will focus on maintaining coherence across the regulatory system and continuing the review and clean-up of normative documents in accordance with required procedures.
China Banking and Insurance Regulatory Commission 2025-08-27
China's National Financial Regulatory Administration repeals 44 normative regulatory documents and declares seven invalid
China's National Financial Regulatory Administration has repealed 44 regulatory documents and declared seven others invalid to enhance the timeliness of the regulatory framework. This update aims to align financial regulatory policy with industry development needs. Further efforts will focus on maintaining coherence and continuing the review of normative documents.