Friday, October 23, 2020
Tags Chinese internet finance

Tag: Chinese internet finance

P2P Platform Xiaoniu Online Becomes the Latest in China to Close Shop

Xiaoniu Online (小牛在线) is the latest P2P platform to shut down operations following the launch by Chinese authorities of a heavy-handed crackdown...

China’s Peak Online Finance Body Requires Members to Display Annualised Lending Costs

The National Internet Finance Association of China (NIFA) (中国互金协会) has launched a new measure to raise the transparency of the online lending...

Baihang Credit Executes Cooperative Agreements with over 700 Chinese Financial Institutions

China's only licensed personal credit agency has just seen its first major change in executive personnel, after enjoying rapid growth in the...

IoT Take Pride of Place on Beijing’s New Internet Security Trial Project List

The Ministry for Industry and Information Technology (MIIT) has released a new list of internet security technology application trial projects.

Chinese Internet Finance Authority Pledges to “Vigorously” Combat Online Loan Risk

China's leading authority for internet financial risk has signalled heightened measures to deal with risk in relation to online P2P lending.

Online Financial Institutions Integrated into China’s Credit System

The Chinese central bank is pressing ahead with efforts to incorporate online financial institutions in the country's broader credit system.

Chinese Online Lending Platforms See 14.21% Rise in Overdue Loans, 17 Plan Benign Exits

China's online lending platforms saw a decline in transaction volumes in tandem with a rise in overdue loans in the month of...

China’s P2P Lending Sector Sees First Ever Drop in Transaction Volumes in 2018

A new report on China's internet finance sector points to a sharp decline in P2P loan transaction volumes as well as platforms following official...

China’s National Internet Finance Association Convenes Open Banking Forum

China's peak body for the online finance sector recently convened forum on open banking in the northern Chinese city of Tianjin. The National Internet Finance...

China’s Internet Finance Report for 2018 Highlights Compliance Risk

China's peak body for the online finance sector has just released its annual industry report for 2018. On 8 December the National Internet Finance Association...

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China’s P2P Platforms Drop from 5000 to Less Than 6

Chinese P2P lending has been all-but squeezed out of existence by regulators in response to widespread issues with fraud in the once-flourishing...

CSRC Says Blockchain Used in Regtech Pilot Schemes for China’s Regional Equity Markets

A senior official from the China Securities Regulatory Commission (CSRC) has highlighted the application of blockchain technology to regulatory trials in the...

China’s Top Finance Regulators Send Raft of Policy Signals at 2020 Financial Street Forum

Senior officials from the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission (CBIRC) and the China Securities Regulatory...

PBOC to Issue New Rules on Assessment of Systemically Important Banks

A senior official has flagged the imminent launch by the Chinese central bank (the People's Bank of China) of new rules governing...