Monday, April 12, 2021
Tags China Banking Regulatory Commission

Tag: China Banking Regulatory Commission

Fines Dispensed by Banking Regulator Surge Under Guo Shuqing

Fines issued by China's banking regulator have skyrocketed since incumbent chair Guo Shuqing assumed the helm according to a new report from UBS. Fines issued...

Senior Chinese Banking Official Receives 16 Year Prison Sentence for Bribery

The former assistant chair of the erstwhile China Banking Regulatory Commission (CBRC) has received a 16 year sentence for receiving bribes, according to reports...

CBIRC Prepares Massive Organisational Overhaul, Could Slash Departments to 26

The China Banking and Insurance Regulatory Commission (CBIRC) is expected to unveil a major organisational overhaul in June as part of ongoing efforts to...

Trade War Marks Emergence of New World Order: Chief Chinese Banking Advisor

A leading advisor to the Chinese banking regulator says that the outbreak of a trade frictions between China and the United States marks the...

Newly Formed Banking and Insurance Regulator Says It Benefits One Belt One Road

A senior Chinese official says the merger of China's banking and insurance regulators will help to expedite financing and investment for Beijing's much-vaunted One...

China to Establish Reporting System for Improper Conduct in Banking Sector

The China Banking Regulatory Commission is calling for lenders to establish internal systems for the reporting of improper conduct on the part of their...

CBRC Chief Guo Shuqing Set to Head Merged Banking, Insurance Authority: Caixin

Guo Shuqing, chief of the China Banking Regulatory Commission, is set to head the newly formed joint banking and insurance authority according to a...

Securities Commission Will Stay Intact Amidst China’s Financial Regulatory Shake-up

The China Securities Regulatory Commission is expected to remain an independent body amidst sweeping reforms of the the country's financial regulatory framework intended to...

CBRC Calls for Financial Inclusion Loan Growth to Outpace Other Credit

The China Banking Regulatory Commission is pushing for lenders to accelerate the growth of financial inclusion loans that target disadvantaged rural areas by providing...

Banking-Insurance Merger Marks Biggest Shakeup of Chinese Financial Regulation in 15 years

The merger of China's banking and insurance authorities is set to have profound implications for the country's financial regulatory landscape by bringing an end...

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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....