The new unit will be the second futures business in China to be wholly owned by a foreign bank, after JPMorgan Chase won a similar approval in 2020.
Dr Ma Jun said the PBOC is working on a transition taxonomy and looking to create a nature-based taxonomy.
Shanghai police have uncovered a scheme involving fraudsters who tipped livestreamers to conceal their illicit funds.
While the worst of the regulatory action against the tech sector is over, S&P Global Ratings expects more regulatory actions in the foreseeable future.
Existing policy requirements related to the centralised operation of cross-border funds of multinational corporations will be optimised
A similar MoU was signed between SGX and SZSE in December 2021 which has led to three cross-market ETF listings.
The Supreme People’s Procuratorate said prohibiting transactions in cryptocurrencies is an important safeguard for the digital collectibles industry.
The NFRA absorbs the CBIRC in its entirety, and takes over certain functions from the PBOC and CSRC.
The changes are part of a drive to reduce income disparity as well as a broader overhaul of the financial regulatory system announced in March.
The options will be linked to an ETF that tracks the biggest 50 stocks on the STAR Market. The options are expected to launch within weeks.
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