As part of China's efforts to strengthen credit-based financial regulation and guard against financial risks, the National Financial Regulatory Administration issued trial regulations on the management of the list of entities with serious credit violations. The rules will take effect on Oct 1.

As part of China's efforts to strengthen credit-based financial regulation and guard against financial risks, the National Financial Regulatory Administration issued trial…

Top regulator expands social credit system to target fraud, bribery and market disruption