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CBIRC meaning in Business ?

Answer» What is China Banking and Insurance Regulatory Commission mean?

The China Banking and Insurance Regulatory Commission (CBIRC) is an agency of the People's Republic of China (PRC) authorised by the State Council to

Supervise the establishment and ongoing business activities of banking and insurance institutions.Take enforcement actions against regulatory violations.

The CBIRC was established in April 2018 by a merger of China's banking and insurance regulators, namely, the China Banking Regulatory Commission (CBRC) and China Insurance Regulatory Commission (CIRC).

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