Thursday, January 21, 2021
Tags Chinese financial holding companies

Tag: Chinese financial holding companies

Financial Holding Companies Are Way of the Future for Regulation of China’s Online Fintech Giants: PBOC

The official news outlet for the Chinese central bank has published an article indicating that financial authorities will push China's large-scale online...

Senior Execs of Financial Holding Companies in China Required to Have Eight Years of Financial Work Experience

The Chinese central bank has issued new rules concerning the qualifications required of senior executives at financial holding companies in China.

China Officially Launches New Regulations on Financial Holding Companies

On 13 September the State Council officially released the “De­ci­sion Con­cern­ing the Im­ple­men­ta­tion of Fi­nan­cial Hold­ing Com­pany En­try Reg­u­la­tion” (关于实施金融控股公司准入管理的决定), which is...

State Council Launches New Requirements for Establishment of Financial Holding Companies

China's top government authority has provided further clarification for requirements in relation to the establishment of financial holding companies (FHC), in order...

Chinese Central Bank Flags Stricter Regulation of Financial Holding Companies

The People's Bank of China (PBOC) says it will maintain strict regulation of financial holding companies, with an especial focus on entry standards, equity...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.