A US federal judge has ordered three Chinese banks to provide documents in relation to a Hong Kong company which allegedly helped North Korea evade international sanctions.
Following BOC's perpetual bond issuance in January, 10 more Chinese banks have announced plans to issue similar bonds, including ABC, ICBC and CCB.
The CSRC is reexamining February 2017 restrictions on private placements, to address difficulties for listed companies in financing debt roll-over, working capital and expansion.
CBIRC chairman Guo Shuqing says 12 new measures will soon be introduced to further open up China's financial sector to banks and insurers.
The new rules broaden the range of assets banks have to classify. If more than 5% of a borrower's loans are 90 days past due, all loans from that borrower will be classified as non-performing.
Following the collapse of P2P platform Tuandai.com in March, Chinese authorities have arrested 41 people connected to the platform, including its owners.
China's State Administration of Foreign Exchange is allowing payment providers to offer cross-border services for e-commerce settlement, electronic payments and foreign exchange.
Jay Wei, chairman of JC Group, which controls multiple fund management units, is being investigated by Chinese police for potentially illegal multi-billion-dollar fundraising activities.
Chinese firms will be able to leverage SGX and UOB's infrastructure, expertise and networks to expand into Singapore and other ASEAN nations.