PBoC cuts RRR by 0.25%

RRR cuts aren’t stimulus. The PBoC uses them to lower bank funding costs and ensure that there is sufficient liquidity in the financial system…
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CBIRC seeks public feedback on new rules for country risk management of banking institutions

Given Chinese banks’ increasing involvement beyond China’s borders, particularly in countries that have relatively unstable political and economic contexts, regulators in Beijing see it as imperative that banks shore up the way they evaluate country risk. This is yet another measure aimed at bringing China’s financial regulations more closely in line with international standards…
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CBIRC releases draft measures aimed at standardizing commercial banks’ custody business

As China’s financial system grows and becomes increasingly complex, it is critical that policymakers put the legal framework in place to underpin that system. As such, over the past few years, financial regulators have released numerous measures like these aimed at solidifying various regulatory frameworks and bringing them more closely in line with international practice…
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