Wednesday, October 21, 2020
Tags Chinese financial holding companies

Tag: Chinese financial holding companies

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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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...