The agencies were found to have shortcomings in their rating business processes, violating independence requirements and breaching consistency principles.
Futures companies are required to integrate reputational risk management across all departments, branches, subsidiaries, and staff.
Guangxi and Chongqing released "whitelists" of real estate projects that are eligible for financing, with one already receiving a loan from Minsheng Bank.
Draft amendments bring virtual assets into scope. FIs would also be required to assess money laundering risks before adopting new technologies and launching new products.
Woman is charged for laundering GBP 5 billion stolen from more than 128,000 investors in China on behalf of her former employer.
There have been "large and unusual flows" into ETFs tracking the CSI 300 this month, likely from state-backed investors.
The transaction was sent to China through the "mBridge" platform, developed by the BIS Innovation Hub, HKMA, CBUAE, BOT, and PBOC.
Bank of China is the first Chinese D-SIB to disclose its intention to issue non-capital TLAC bonds ahead of a 2025 deadline to meet new capital rules.
NAFR will have to strike a balance between promoting growth and safeguarding markets. This is a dangerous path to tread.
The new arrangement will make it easier to resolve civil and commercial disputes involving cross-border elements.
Loading more posts...
Sorry, no more posts
No more pages to load