Regulatory Alerts2024-08-05 | 82807FSC Chairman Emphasizes Comprehensive Debt Risk Management
The Financial Services Commission held a meeting with experts to review and manage debt risks in the household, real estate project finance, small business, and nonbanking sectors. The government plans to implement structural reforms including stricter debt service ratio rules, project finance assessments, and support for small business restructuring to transition from a debt-reliant model. These measures aim to ensure a soft landing for debt problems while bolstering stock market resilience and promoting an equity-centered financing approach.
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