ESG / Sustainability

CBIRC Gives FIs One Year to Establish Green Finance Systems

05/06/2022

Banks and insurers are instructed to have their green finance management systems and procedures in place by 1 June 2023.

Securities / Derivatives

China Cracks Down on Listed Company Business with Finance Companies

04/06/2022

The CSRC and CBIRC are jointly cracking down on related-party and affiliated transactions involving listed companies and finance companies.

AML / KYC

Singapore Banks to Adopt More Scam Prevention Measures

02/06/2022

The measures include an emergency self-service ‘kill switch’, enhancements to fraud surveillance systems, and additional customer confirmations.

Securities / Derivatives

China Set to Launch Residential REITs to Boost Property Market

02/06/2022

New rules were issued to facilitate the issuance of affordable rental housing REITs, and to enable already-listed infrastructure REITs to acquire more assets.

Securities / Derivatives

CSRC Raises Scrutiny of Investment Banks, IPO Sponsors

31/05/2022

New guidelines clarify the due diligence obligations of sponsors. The CSRC has also set out five situations that would trigger on-site inspections of internal controls.

Shanghai Unveils 50-Point Plan to Return to Normalcy

31/05/2022

Banks will be asked to renew SME loans; asset managers are asked to set up global or regional investment management centres in Shanghai.

PBOC, CBIRC Call on Banks to Boost Business Lending

26/05/2022

Banks are directed to expand lending to SMEs amid concerns that China could struggle to record positive growth in the current quarter.

Securities / Derivatives

CSRC Unveils Capital Market Measures to Accelerate Recovery

24/05/2022

The measures include support for IPO applicants, listing fee waivers, and regulatory support for securities firms.

CBIRC Updates Rules for FIs on Managing Regulatory Statistics

24/05/2022

The rules clarify requirements for regulatory statistics work to be centrally managed within FIs and for data quality to be improved.