Sunday, January 24, 2021
Tags Regulation

Tag: Regulation

Citibank China Slapped with Shanghai’s Biggest Ever Banking Fine Over Property Loans

Citibank China is one of several major banks subject to administrative penalties by the Shanghai branch of the China Banking Regulatory Commission for regulatory...

Top Financial Think Tank Says China Can Learn from America’s Mistakes

The head of one of China's top think tanks says that the heavy emphasis placed upon regulation of the Chinese financial sector comes as...

PBOC Research Chief Weighs in on China’s Regulatory Challenges

Xu Zhong, the head of the People's Bank of China's research department, outlined the many difficulties faced by Chinese financial regulators during a key...

Have Financial Regulators Brought an End to China’s Deleveraging Drive?

Leading figures from China's banking sector have interpreted recent actions by the country's top financial regulators as indicating that the deleveraging drive launched towards the end...

Tsinghua Professor Calls for Separate and Independent Financial Regulators

A finance professor from China's leading university says that macroeconomic and monetary policy is best served by the the regulation of securities and insurance companies by independent agencies,...

CBRC to Introduce 46 New Legislative Items Over the Next Year

The latest legislative work plan released by China's banking regulator flags the introduction of 46 new statutory items over the upcoming year, as part of an...

PBOC Calls for “Orderly Disposal” of Key Risk Points

China's central bank has flagged the launch of further measures to stymie sources of risk in the country's lending and finance sectors. The People's Bank...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.