25 Oct 2021

Latest round of discipline inspections target financial sector

Discipline inspections are the Party’s most powerful tool for ensuring policy implementation and rooting out corruption among Party officials. The CCDI selects different…


25 Oct 2021

CBIRC updates rules for supervisory rating of commercial banks

China’s banking system has undergone a significant transformation since the previous supervisory rating rules were issued in 2014, making the need for…


25 Oct 2021

CBIRC issues measures to improve supervision of major shareholders in banks, insurers

As the multitude of scandals that have hit the financial sector in the last few years show, shareholder malfeasance has been…


25 Oct 2021

PBoC releases guidelines to increase micro and small firms’ access to banking services

These new rules are part of a long-standing campaign by the government to improve access to banking and financial services including loans for small businesses who have traditionally been underserved by the formal banking system…


25 Oct 2021

CSRC, MoJ issue opinions on pilot futures and securities arbitration centers

This is a high-level, ministerial-tier guiding document, the purpose of which is to drive the establishment of securities arbitration zones at the provincial and municipal level. For now…


25 Oct 2021

PBoC targets offshore exchanges in new ban on cryptocurrency trading

Despite almost a decade of rules and bans, China has failed to stamp out cryptocurrency trading on the mainland and this latest action from the PBoC…


25 Oct 2021

CBIRC urges insurers to expand personal insurance coverage

While the personal insurance industry has seen steady growth in recent years, it hasn’t responded well to…


25 Oct 2021

CBIRC issues new measures to improve regulation of the accident insurance business

These measures are part of a broader effort by regulators to clean up and standardize the insurance industry. As with other sub-sectors, the accident insurance business…


25 Oct 2021

HKMA names banks approved to participate in GBA Wealth Management Connect

According to an estimate by Bank of China (Hong Kong) Ltd., the GBA WMC could generate as much as…


22 Oct 2021

CSRC gives QFII investors greater access to onshore derivatives

China’s financial market opening continues apace…


22 Oct 2021

PBoC releases list of 19 domestic systemically important banks

Although the banks named as D-SIBs come as no surprise, it’s taken regulators a long time to get to this point…


20 Oct 2021

Huzhou implements the first regional and digital ESG evaluation system in the country

Policymakers in Huzhou are attempting to kill two birds with one stone…


15 Oct 2021

Guangdong and Shenzhen test offshore appetite for RMB-denominated local government bonds

China’s local governments are facing multiple challenges when it comes to raising funds onshore…


15 Oct 2021

MEE issues draft of measures for disclosure of environmental information by companies

Building out a more systematic and comprehensive environmental disclosure system takes time, and this is certainly a step in the right direction…


11 Oct 2021

PBoC meeting flags bleak economic outlook, Governor Yi Gang warns on QE

The PBoC is facing a rapidly deteriorating domestic economy and also a (potential) looming car crash in the real estate sector as the financial troubles engulfing…


11 Oct 2021

PBoC issues measures for supervising credit reporting industry

These long-awaited rules seek to address myriad problems in the credit reporting sector. They are part of…


24 Sep 2021

Southbound Bond Connect to open on September 24

The opening of the southbound leg of the Bond Connect is one of a flurry of recent developments aimed at boosting financial connectivity between the mainland and Hong Kong…


24 Sep 2021

Shenzhen government to sell bonds in Hong Kong

Local governments in China have only been able to issue their own bonds since 2015 as part of central government efforts to clean up local government debt and improve transparency and accountability…


24 Sep 2021

CBIRC announces pilot program for pension products

Faced with a looming shortfall in the public pension system, Chinese policymakers have started a concerted drive to expand the private pension market to encourage people to save for their old age…


24 Sep 2021

CBIRC issues rules on insurer branch establishment

While largely dry and procedural, the measures reflect regulators’ intention to improve oversight of China’s insurance industry…


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