Wednesday, October 28, 2020
Tags Chinese banking regulation

Tag: Chinese banking regulation

Chinese Banks Fined by CBIRC for Failure to Properly Report Financial Data

China's top banking regulator has heightened its scrutiny of the reporting of financial data by lenders, fining a slew of big state-owned...

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...

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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...