China's National Financial Regulatory Administration issued a notice, following broad consultation, repealing 32 normative regulatory documents and declaring a further 16 to be invalid. The latest action forms part of a three-batch clean-up conducted during the year, which in total repealed 120 normative regulatory documents and declared 33 invalid. The authority cited reasons including provisions being superseded by newer rules, misalignment with supervisory practice, and the conclusion of phased work. The National Financial Regulatory Administration said it will continue to focus on coherence and consistency across the regulatory framework and will manage normative regulatory documents in line with established procedures.
China Banking and Insurance Regulatory Commission 2025-12-30
China's National Financial Regulatory Administration repeals 32 normative regulatory documents and declares 16 invalid
China's National Financial Regulatory Administration repealed 32 normative regulatory documents and declared 16 invalid, following a broad consultation. This action is part of a year-long effort that repealed 120 documents and declared 33 invalid, due to reasons such as supersession by newer rules and misalignment with supervisory practices. The administration aims to maintain coherence and consistency in the regulatory framework.