Report suggests asset growth has slowed, although city, rural and joint-stock banks could struggle to manage asset quality and capitalisation.
Foreign financial institutions would be able to own 51% of a mainland securities firm, with all ownership restrictions to be removed in three years’ time.
CSRC head of technology Zheng Ye encourages the use of blockchain technology for public services, but says absolute decentralisation is untenable.
CSRC mulling allowing innovative voting structures and ease mandatory profitability requirements for participants in biotech, cloud computing and AI.
Global shadow banking activities rose 7.6 percent to $45.2tn in 2016, representing 13 percent of total financial system assets; China contributed $7tn to the measure.
Loan loss provisions to be lowered to between 120 and 150 percent of bad loans total; provisions against total loan book also reduced.
Top political advisor says national exchange and cryptocurrency approval system should be jointly overseen by central bank and securities regulator.
Seven domestic and foreign companies have so far been granted approval to list Belt and Road bonds on the Shanghai and Shenzhen stock exchanges.
The limit for same-day redemptions will be set at CNY10,000, according to Bloomberg sources.
China will allow allow banks to raise capital through convertible bonds and variable maturity securities in a bid to help them maintain required cash reserves.
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