Monday, April 19, 2021
Tags Chinese insurance sector

Tag: Chinese insurance sector

Insurers Given Greater Leeway to Invest in Capital Supplementation Bonds Issued by Chinese Banks

Chinese regulators hopes to shore up access to capital for domestic banks by loosening restrictions on investment in their bond issues by...

CBIRC Unveils 12 New Measures for Opening of Chinese Banking and Insurance Sectors

The head of the China Banking and Insurance Regulatory Commission (CBIRC) has unveiled plans to launch a dozen new measures to open...

CBIRC Warns of Fraudulent Sale of Financial Products by Insurance Professionals

The China Banking and Insurance Regulatory Commission has warned the public that members of the insurance sector are selling non-insurance financial products in breach...

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China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...

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...