China will double the quota from the current $150bn, despite having only granted $101.1bn in quotas to foreign investors as of December.
Companies will be required to verify user data based on national IDs and phone numbers, effectively removing the anonymity of blockchainin the country.
Citi is looking to form its own majority-owned securities joint venture in China following new rules allowing foreign firms to acquire controlling stakes in such partnerships.
The relaxation of account opening policies will enable companies to open bank accounts in a few days rather than wait months for central bank approval.
The new rules would prohibit firms from providing consulting services to companies they rate and require disclosures of any conflicts of interests.
The CSRC imposed fines of over $1.55bn in 2018, with the largest number of cases relating to insider trading, illegal disclosures and market manipulation.
The central bank is expected to allow financial institutions greater flexibility in setting interest rates for loans and deposits in the year ahead.
A 100 basis point RRR cut will be implemented in two phases this month, releasing $218bn of liquidity into the banking system.
The currency conversion system that delayed the launch of the Shanghai-London Stock Connect last month has now been completed.
Non-bank payment institutions will be required to report to the central bank any consumer transactions exceeding 50,000 yuan and cross-border transfers over 200,000 yuan.
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