The RCAP assessments found that the NSFR and large exposure regulations in China are compliant with the BCBS global standards, the highest possible grade.
Reports indicate the investigation might be related to third-party payment licences issued by the central bank between 2011 and 2015.
The CCDC has signed a memorandum of cooperation with the SHFE, ZCE, DCE, CFFEX, and Shanghai’s INE, building on previous efforts to enable the use of bonds as collateral for futures trading.
The reforms include the removal of first day trading limits and faster processing of applications from companies seeking a listing.
The scheme will enable residents of Hong Kong and other GBA cities to invest in wealth management products in each other’s market through their respective banking systems.
For certification, fintech products will be subject to testing and inspection for safety, quality assurance and product consistency.
Authorities were forced to step in after depositors rushed to withdraw their savings from Yichuan Bank amid rumours that the bank was insolvent and a corruption probe into the bank's former chairman.
Among the key measures announced by PBOC Shanghai is the possible introduction of a regulatory sandbox, drawing on international practice.
China will not force foreign investors and companies to transfer their technology to their local partners, according to Vice Minister of Commerce Wang Shouwen.
China-based UBS Securities, now majority-controlled by UBS Group AG, was the sole underwriter for the IPO, which is also now the first STAR Market stock dually-listed in Hong Kong.