The FSC is increasing the transfer limits for digital deposit accounts opened at bank teller counters to enhance customer convenience.
Four of the selected projects, out of 51 submitted, are based on blockchain. One selected project seeks to use the digital yuan in securities trading.
Banks are asked to strengthen risk management in supply chain finance transactions through industry research, risk monitoring, and new technologies.
Third-party payment providers need not apply for a business licence from the FSC if they do not hold more than TWD 2 billion in custody.
The former BOC managers stole the bank's money and laundered it through Canada and the US, in a case that dates back 20 years.
The CNY 200 billion re-lending facility will provide targeted financing support for cleaner coal mining, processing, and power and heat generation.
The FSC is requiring listed companies to include ESG information including data on GHG emissions and workplace diversity in annual reports.
SPB proceeds must be used strictly in accordance with the purposes disclosed in the prospectus. Any variations must be approved and properly disclosed.
Kangmei Pharmaceutical, its executives and auditors will be held fully liable for CNY 2.5bn of investor losses in China's first ever class action against corporate fraud.
With the new rules, the PBOC says it hopes to achieve unified regulation of domestic and foreign currency settlement for new forms of offshore trade.