15 Jan China’s enhanced scrutiny of financial leasing likely to drive consolidation and weed out weaker firms, analysts say
Posted at 22:00h
in Asia
China’s enhanced regulatory scrutiny of financial leasing companies could drive out smaller participants and accelerate industry consolidation, according to analysts.The National Administration of Financial Regulation (NAFR), which oversees the country’s financial industry with a specific remit to look at market risks, said in January that...