China steps up regulatory scrutiny of online insurers
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China steps up regulatory scrutiny of online insurers

Eli Rallo
12 August 2021
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Famous view of Hong Kong - Hong Kong skyscrapers skyline cityscape view from Victoria Peak on sunset. Hong Kong, China | f9photos/Getty Images/iStockphoto

China’s insurance and banking regulator is stepping up its scrutiny of online insurance companies, its most recent move to maintain control over the country's fintech sector, according to a report by Reuters.

The campaign, first reported via state-backed Shanghai Securities News on Thursday, is aimed at "protecting the legal interests of consumers", according to a document published by the news outlet.

The

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Eli Rallo
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