Thursday, April 15, 2021
Tags China Insurance Regulatory Commission

Tag: China Insurance Regulatory Commission

Ex-head of China’s Insurance Regulator Pleads Guilty to USD$3mn in Bribes

The disgraced head of China's erstwhile insurance regulator has pled guilty to accepting bribes, becoming the highest-ranking official to be felled by Beijing's crackdown...

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...

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...

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...

PBOC Outlines Changes to Regulatory System After Banking and Insurance Merger

Xu Zhong (徐忠), the head of the People's Bank of China's research department, has outlined key changes to the country's financial regulatory system that...

PBOC’s Role Set to Expand Following Merger of China’s Banking and Insurance Authorities

Proposed reforms of China's financial system involving the merger of the banking and insurance authorities will also have the effect of expanding the regulatory...

Official Plans for Consolidation of Banking and Insurance Authorities Unveiled

China's central government has officially released plans for the merger of the country's banking and insurance regulators into a single authority. Plans for the consolidation...

Official Document Reveals China’s Plans to Merge Banking and Insurance Authorities

An official government document indicates that China will merge the China Banking Regulatory Commission (CBRC) and the China Insurance Regulatory Commission (CIRC) according to...

Beijing Considers Amalgamation of Banking and Insurance Regulators

The Chinese central government is reviewing a proposal to amalgamate the banking and insurance regulators according to anonymous sources speaking to the South China...

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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...