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Tuesday, November 24, 2020
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

Digital Renminbi Will Break Big Data Monopolies, Replace All Forms of Traditional Money: Bank of China Senior Exec

A former senior executive with one of China's big six state-owned banks has highlighted the major impacts that the digital renminbi will...

China’s Per Capita Income to Leap 56 Places in Global Rankings by 2025, Exceed USD$25,000

China's global ranking in terms of per capita incomes is expected to surge over the next half-decade according to data from Bloomberg...

China’s Leading Economists Calls for Maintaining COVID-19 Stimulus Measures

Leading economics figures in China have signalled the maintenance of robust monetary and fiscal stimulus policies in the wake of the COVID-19...

Digital Yuan Will Account for 15% of All Consumer Payments within a Decade, Give Banks Fighting Chance against Fintech Rivals: Goldman Sachs

A report from Goldman Sachs says that increasing use of China's central bank digital currency (CBDC) could help banks to withstand the...