Tuesday, October 20, 2020
Tags Privately offered funds

Tag: Privately offered funds

CBRC Bans Asset Management, Trust Plans from Serving as Controlling Shareholders

The China Securities Regulatory Commission has outlined three categories of shareholders that will be prohibited from serving as the controlling shareholders or largest shareholders...

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Regulators Driving Remote Account Opening – What Banks Need to Know

By Stanley Yu, Director, Hong Kong, Fenergo COVID-19 has radically transformed the financial services industry across APAC. With forced...

Chinese Commercial Banks Could Soon Determine Interest Rates Independently

Proposed changes to China's commercial banking law will allow lenders to independently determine the rates for deposits and loans.

China to Further Lift Macro-Leverage Ratio Following 21 Percentage Point Rise During COVID-19 Lockdowns

Discussion about China's macro-leverage levels has risen to the fore as policymakers weigh means for expediting the country's economic recovery in the...

Chinese Central Bank Overhauls Commercial Banking Law

The People's Bank of China (PBOC) has unveiled a broad raft of proposed changes to China's commercial banking law.