Tuesday, March 9, 2021
Tags Chinese financial regulation

Tag: Chinese financial regulation

Regtech in China Shifts from Compliance Management to “Active Control”: Government Report

A new government report highlights changes to the application of regtech in the Chinese finance sector.

China Establishes Coordinating Mechanisms for Local Financial Regulation

Local governments around China are establishing their coordinating mechanisms for financial regulation within their respective jurisdictions.

China Issues New Plan for Regulation of Key Financial Infrastructure

China's top financial regulators have jointly issued a new plan for improving the regulation of the country's key financial infrastructure systems.

Fintech Demands Stricter Regulation, Nationwide Analysis and Monitoring Platforms: Chinese Central Bank

A senior official from the Chinese central bank has shed light on future plans for regulation of the burgeoning fintech sector. Speaking at the 2018...

Six Banks Fined over USD$22M for Wealth Management Product, Lending Violations

The China Banking and Insurance Regulatory Commission (CBIRC) has hit six banks with fines worth over 150 million yuan (approx. USD$22 million) in total...

Local Financial Regulatory Department Signs Appear in Over 10 Chinese Provinces

New signs for local financial supervisory and regulatory departments have made a sudden and near-simultaneous appearance around China as part of reforms to better...

Ex-Banking Official Highlights Defects of China’s Diffuse Financial Regulatory System

A former vice-chair with the China Banking Regulatory Commission (CBRC) said that the rapid changes in China's financial sector have made prevailing forms of...

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...

Regulators Will Step up Scrutiny of Bank Wealth Management Products

The China Banking and Insurance Regulatory Commission will soon introduce detailed rules targeting bank wealth management products (WMP's) in a bid to better control...

New Regulatory Framework Set to Accelerate Chinese Financial Reforms

Analysts expect the merger of China's banking and insurance regulators and the establishment of the Financial Stability and Development Committee to accelerate the launch...

Most Read

Trust Companies Sees 20% Profit Drop Amidst Squeeze on Chinese Shadow Banking

The trust sector in China posted a sharp decline in both profits and asset scale in 2020 as regulators stepped up the...

Chinese Banks Issue 52 Billion Yuan in Financial Inclusion Bonds Since Start of 2021

Commercial banks in China have continued to issue special bonds to raise funds for lending to small businesses since the start of...

China’s Foreign Trade in Goods Surges 32.2% Since Start of 2021

China saw a surge in imports and exports of goods in the first two months of 2021 as the economy continued to...

China Sets GDP Growth Target of over 6% for 2021, Aims to Create More than 11 Million New Urban Jobs

The Chinese central government has unveiled a slew of official targets for economic development in 2021.