CBRC proposals would require banks to set up conduct management departments, submit conduct codes to regulator, establish whistle blower mechanism.
New loans for January totaled CNY2.9 trillion, exceeding estimates and the previous record.
Major shareholders encouraged to buy more shares to stabilise the market and protect investors; mutual funds should avoid being net sellers.
Financial units of Alibaba and Tencent fined for offences including failure to file reports on forex payments by non-residents.
Official Communist Party newspaper says regulators should be barred from taking jobs at firms they have supervised in the past.
Access to foreign websites related to cryptocurrency restricted; search engine and social media advertisements purged.
CBRC cracked down on banks that provided loans against low-purity gold; the regulator expressed concerns on banks’ lending and collateral management norms.
Once in a while capitalism must be rescued from the excesses of bankers and central banks. Governments can’t kill ideas, but it...
The CBRC is cracking down on misappropriation of real estate funds and speculation in the land market.
Increased regulation in an effort to rein in personal borrowing could foster an attitude of ‘bare minimum compliance’ among banks, leading to...