Money market funds with over CNY 200 billion in net assets or over 50 million investors will have to meet additional regulatory requirements and enhance their ability to resist risks.
The guidance is designed to help financial service providers address "emerging and persistent issues" in financial reporting, the FMA said.
The amendments are designed to ensure consumers of SACCs and consumer leases are not left unable to meet their basic needs or other financial commitments.
The service is available in Singapore via DBS and Liquid Group, and in India via Axis Bank, DBS India, ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India.
China Construction Bank, Bank of China, Standard Chartered China, China Minsheng Bank and China Bohai Bank were fined a combined CNY 387.9 million.
The problem statements relate to digital banking services, priority sector lending, CBDC transactions, and blockchain scalability.
A handbook on generating carbon credits will be developed, as well as a directory of carbon industry service providers to facilitate collaboration.
To participate in Swap Connect and trade interest rate derivatives with Mainland investors, foreign investors will need approval to access the interbank bond market.
The rules allow companies to choose an overseas listing destination for their IPOs, but require them to first register the intention with the CSRC, which will vet the applications.
Entities that are permitted to engage in short selling are eligible to borrow securities under a GSL transaction, which may be a tenor of up to 90 days.