Move aimed at attracting back to the mainland China’s overseas-listed tech giants Alibaba, Tencent, Baidu.
Super regulator’s major obstacle will be resisting the cycles of international financial history while meeting the challenges of a big, fast-growing economy.
Banks violated rules on management of clearing, yuan settlement, and NBFI payments; Minsheng Bank's $25.7mn fine is highest levied in financial industry by...
Regulator says it has observed data governance regimes in other jurisdictions; says Chinese lenders’ data can be inaccurate, insufficiently comprehensive, and outdated.
False, misleading or fraudulent listing, restructuring documents or other disclosures including annual reports will trigger the delisting mechanism.
Staff at the firm and their associates alleged to have used more than 300 trading accounts to make illicit profits of $150mn.
The merger will eliminate inefficiencies and regulatory overlap; rule making powers and prudential supervision responsibilities will transfer to China’s central bank.
The Committee also published an assessment handbook and self-assessment questionnaire to help member jurisdictions prepare for future RCAP assessments.
CBRC chairman warns China could lose its advantage as a nation of savers if debt growth continues to outpace savings.
Report suggests asset growth has slowed, although city, rural and joint-stock banks could struggle to manage asset quality and capitalisation.