Banks, insurers, brokers and foreign FIs are urged to establish licensed fund management companies. Fund investment channels will be expanded and operational rules relaxed.
The PBOC will provide banks low cost funds which they can use to support innovative technology companies and institutions providing elderly care services.
Officials from the PBOC, MOF and CSRC reportedly met with foreign and domestic banks to discuss ways to protect China's foreign assets from possible future US sanctions.
The court penalised an NFT marketplace for failing to subject an artwork to review and meet its obligations to protect against intellectual property theft.
The CBIRC said it will continue to pursue now-closed P2P lending platforms as well as their owners and executives through the court system for losses suffered by investors.
The CSRC said underwriters need to improve their IPO pricing skills. The SSE is considering using IPO performance to assess underwriting quality.
About 12 developers will be supported by banks and distressed debt managers in the first wave of the programme.
The product was launched by a BlackRock-CCB joint venture, the first foreign-controlled institution that was approved to take part in private pension pilot trials.
Banks are asked to provide financing support for government highway projects and optimise the repayment arrangements for such projects.
The CSRC is currently asking A-share companies to disclose their ESG information on a voluntary basis, but in time they will be required to adopt international standards.
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