Tuesday, January 26, 2021
Tags Chinese regtech

Tag: Chinese regtech

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.

Beijing Flags Creation of Nationwide Big Data Platform for Combatting Fraud

China's Ministry of Industry and Information Technology (MIIT) has flagged the creation of a nationwide big data platform for the purpose of...

Beijing Fintech Industry League Establishes Specialist Regtech Committee

The peak body for the fintech sector in Beijing has just announced the launch of its own specialist regtech committee.

Chinese Central Bank’s Fintech Committee Calls for Use of Big Data and Blockchain to Strengthen Digital Regulation

The People's Bank of China (PBOC) has stressed the need to employ the latest regtech methods for the prevention of risk in...

Xi Jinping Calls for Incorporation of Blockchain, Cloud Technology and IoT into Social Regulation and Coronavirus Containment

President Xi Jinping has called for the greater use of technology for social regulation purposes as well as efforts to combat the...

Coronavirus Is Driving Fintech and Regtech Adoption: CBIRC

A senior official from the China Banking and Insurance Regulatory Commission (CBIRC) says efforts to mitigate the impacts of the novel coronavirus...

China Aims to Transform Shanghai into International Finance Centre, Key Trials to Take Place in Lingang New Area

The Chinese government has issued a new directive calling for the acceleration of Shanghai's transformation into an international financial hub, with an...

10 Chinese Provinces Launch Fintech Regulatory Trials

A total of ten province-level administrative entities in China have obtained approval from the central government to launch their own fintech trials....

Chinese Central Bank Outlines Key Focal Areas for Fintech in 2020

The People's Bank of China (PBOC) has just revealed what areas of fintech policy and regulatory work it plans to emphasise in...

Central Bank Official Says Its Fintech Sandboxes Will Have “Chinese Characteristics”

A senior official from the People's Bank of China (PBOC) said that China's fintech sandboxes will both cleave to international standards as...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...