Monday, April 19, 2021
Tags Chinese finance consumers

Tag: Chinese finance consumers

CBIRC Issues New Rules for Internet Insurance Operations, Encourages Big Data and Blockchain Usage

The China Banking and Insurance Regulatory Commission (CBIRC) has just issued new regulations that target risk issues in the online insurance sector,...

Consumer Complaints about Chinese Banks Surge 26.5% in Third Quarter, Credit Card Complaints up 43.5%: CBIRC

The Chinese banking sector saw a surge in complaints from consumers in the third quarter of 2020 according to data from the...

Chinese Central Bank Leads Launch of New Protections for Consumers of Financial Services

The People's Bank of China (PBOC) has led the launch of new measures to shore up protections for domestic consumers of financial...

PBOC Flags Launch of New Financial Consumer Rights Rules Before End of 2020

The Chinese central bank has said it plans to officially launch new measures to protect the rights and interests of financial consumers...

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Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...

Jack Ma Reportedly Being Ousted from Ant Group by Chinese Authorities

Storied Internet entrepreneur Jack Ma is reportedly being forced by Chinese authorities to make a complete withdrawal from his fintech and payments...