June 26, 2018 / 9:10 AM / 5 months ago

China issues draft guidelines on gold asset management products

BEIJING, June 26 (Reuters) - China’s central bank issued draft guidelines on gold asset management products on Tuesday, in a bid to strengthen gold market supervision.

Financial institutions are required to register with central bank if they want to sell gold asset management products, the People’s Bank of China (PBOC) its on its website. (Reporting by Beijing Monitoring Desk; Editing by Simon Cameron-Moore)

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