CBIRC to Continue Crackdown on Trust Financing Business By Ranamita Chakraborty, Regulation Asia Published on 15th February 2021 The CBIRC is targeting a reduction of total outstanding trust financing products by CNY 1 trillion this year, and to entirely shut down this business over five years. To continue reading... Sign in Password * Remember me Lost your password? Get access today Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia. FREE TRIAL Already taken your free trial? Get in touch with our team and enquire about a subscription today. Select subscribe below to view our subscription packages or you can email us at [email protected] to discuss your options. Subscribe Share via: More Related:Anxin Trust, CBIRC, Loans, Sichuan Trust, trust financing, trusts Recommended for you HKMA Issues Guidance on Govt Guaranteed Personal Loans Japan Sets End Date for New JPY LIBOR Interest Rate Swaps CBIRC Calms Market Fears Over Huarong Restructuring