China

China's banking regulator has issued new rules requiring mandatory disclosure of NSFR every six months, and additional public disclosures of NSFR data on banks' websites.

BOCHK has been granted regulatory approval to launch a pilot scheme that enables Hong Kong citizens to open a personal bank account in the mainland, remotely.

Eleven firms have so far announced plans to list on the new board, six of which are already traded on OTC markets or other exchanges.

A new ASIFMA paper provides policy recommendations for making China's capital markets easier to access and more attractive to foreign institutional investors.

The new regulations simplify the registration process for multinational firms borrowing from and lending overseas to make it easier for them to manage cross-border capital flows.

The proposed agency – the first of its kind in China – could help failed banks to exit the market, limit depositor losses, and prevent contagion effects when serious credit risk events arise.

Regulators will tolerate higher NPL ratios on bank lending to small and micro companies, in a bid to improve access to financing for China's ‘real economy’.

The CSRC is prohibiting brokers from any business that could facilitate informal margin financing, which it has flagged as a potential source of risk.

Chinese regulators will need to ease foreign ownership restrictions to ensure its listed companies are able to remain in MSCI's benchmark indexes.

The databases of more than 600 are now connected to Baihang Credit, China’s first market-based personal credit agency, according to PBOC deputy governor Chen Yulu.