Tuesday, October 27, 2020
Tags Banking regulation

Tag: Banking regulation

Bank of Communications Penalised Eight Times for Infractions in 2017

One of China's big five lenders has just incurred further censure from banking authorities for regulatory infractions, bringing the total number of penalties it's...

“Strong Regulation, Strong Accountability” Set to Be New Normal for Chinese Banks

As Beijing pushes through with supply-side structural reforms, China's banking authorities are seeking to make "strong regulation, strong accountability" (强监管,抢问责) the new normal for the...

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Shenzhen the Stage for Further Chinese Depository Receipt Reforms as China Drives Capital Market Internationalisation

The southern tech hub of Shenzhen is set for further trials of Chinese Depository Receipts (CDR) as part of broader reforms to...

Chinese Central Bank Says No Competitive Relationship Between Digital Renminbi and Alipay or WeChat Pay

The head of the People's Bank of China's (PBOC) Digital Currency Research Institute has provided more details on the potential impact of...

Beijing Issues New Directive to Support Private Enterprise Growth Post COVID-19

The Chinese central government has just issued a new directive to support the development of private enterprises in China and help them...

Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...