Thursday, October 29, 2020
Tags China Banking and Insurance Regulatory Commission

Tag: China Banking and Insurance Regulatory Commission

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

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

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

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

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

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

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

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

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

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

China’s Big State-owned Banks Fined for Lending and Wealth Management Infractions

The China Banking and Insurance Regulatory Commission (CBIRC) has just issued fines to two of country's big state-owned banks for irregular conduct....

China’s Banking Regulator Warns US Monetary Policy is Eroding International Financial Stability, Could Trigger Global Crisis

China's top banking sector regulator has sounded a warning over the potentially disastrous fallout of US monetary policy decisions for dealing with...

Chinese Bank Inspectors Allowed to Collect Electronic Data as Evidence for Administrative Penalties

China's financial regulators will significantly increase some of their investigatory powers starting from the month of August.

China’s Banking Regulator Outlines Four Principles for Dealing with Emergency Conditions

China's banking regulator has issued new draft measures for the provision of financial services during sudden contingencies.

China’s Financial Authorities Take over Nine Insurers, Trust Companies and Brokers

China's top financial authorities have taken over control of a slew of companies in the finance sector following regulatory breaches.

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Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...