Tags China Banking and Insurance Regulatory Commission

Tag: China Banking and Insurance Regulatory Commission

Fintech

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

CBNEditor - January 24, 2021 0

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Finance

CBIRC to Directly Regulate 39 Chinese Life Insurance Companies

CBNEditor - January 13, 2021 0

The China Banking and Insurance Regulatory Commission (CBIRC) has unveiled plans to shake up the regulation of the country's life insurance sector....

Finance

CBIRC Warns Chinese Insurers against Arbitrary Expansion of Their Services Scope

CBNEditor - December 28, 2020 0

Chinese regulators are intent on ensuring that insurance companies stick to their lane amidst a broader push to contain risk in the...

Fintech

China’s Banking Regulator Warns of Data-driven Fintech Monopolies, Payments Giants Becoming “Too Big to Fail”

CBNEditor - December 11, 2020 0

China's top banking regulator says that the fintech sector is more susceptibility to new forms of data-driven monopoly formation.

Banking

CBIRC Sets New Standards for “Narrowly Defined” High Risk Shadow Banking, Includes Online Lending and P2P

CBNEditor - December 7, 2020 0

A new report on the shadow banking sector issued by the China Banking and Insurance Regulatory Commission (CBIRC) provides a more detailed...

Finance

CBIRC Cancels Registration Regulation for Investment Management Capabilities of Chinese Insurance Agencies

CBNEditor - October 12, 2020 0

China's top insurance regulator has announced major changes to its regulatory model for the investment management capabilities of domestic insurance agencies.

Finance

CBIRC Warns of Fraudulent, High Yield Products During September Financial Literacy Campaign

CBNEditor - September 22, 2020 0

China's banking regulator has issued domestic investors with a warning on the perils of fraudulent financial products during a nationwide campaign to...

Finance

CBIRC Steps up Pressure on Use of Microloan Funds for Investment in Stocks and Derivatives

CBNEditor - September 18, 2020 0

The China Banking and Insurance Regulatory Commission (CBIRC) is stepping up efforts to prevent the use of funds from microloan companiess for...

Finance

CBIRC Commits to Further Opening of Financial Sector, Guidance of Wealth Management and Insurance Funds into Capital Markets

CBNEditor - September 7, 2020 0

The China Banking and Insurance Regulatory Commission (CBIRC) has reiterated its commitment to further opening of the Chinese finance sector as well...

Banking

CBIRC Hits Minsheng Bank, Guangfa Bank, Huaxia Bank and Two Others with $46.8M in Fines

CBNEditor - September 6, 2020 0

The China Banking and Insurance Regulatory Commission (CBIRC) has announced the imposition of hefty penalties upon a total of five Chinese financial...

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Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Fintech CBNEditor - January 26, 2021 0

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...

Tag: China Banking and Insurance Regulatory Commission

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