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Wednesday, July 16, 2014
ANBOUND: Financial Regulations Require Reform
ANBOUND

ANBOUND think tank scholars state that during the past six months, the regulatory idea adopted to favor risk prevention over financial innovation has further distorted the structure of the financial market and improved the cost and efficiency of the financial factors allocation. However, a moderate easing of financial supervision and innovation can be significant to the structural improvement and the benign operation of the financial market. Moreover, it can be regarded as the only way to reducing the risks and enhancing allocation efficiency of financial resources. Therefore, reform has become an effective approach to strengthen financial regulations.

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