China

New MoU to facilitate information exchange in the interest of investor protection, promoting competence and integrity of regulated entities, market and financial...

China’s securities regulator released rules for the issuance of China Depository Receipts, allowing overseas listed firms to access domestic investors; Xiaomi becomes...

Central bank to reduce fraud by tokenising checks with blockchain and having operations conducted by smart contracts; new system will remove manual...

Cabinet extends VAT exemption three more years for small firms, cuts reserve requirement at banks, commits to increasing financing options; PBOC reforms...

Banks with assets over CNY 200 million will be subject to NSFR and LCR requirements; new rules take effect from July 1.

New rules cap individual redemptions from money market funds at ¥10,000; payment companies banned from advancing cash to realise same-day redemptions.

Banks like Bank of China, Agriculture Bank of China, BOCOM and ICBC received upgrades on the back of an upgrade to China’s...

Six-month central bank inspections to focus on quality of financial information as part of plan to unify statistical management operational mechanisms.

SAFE also simplified the process for transferring NPLs to foreign investors for non-banks; previously only banks were allowed to sell bad debt...

Baihang Credit Scoring has become the first private credit-scoring firm in China, licensed by PBOC and backed by NIFA as well as...