New rules under consultation cover auditing, issuance, listing, underwriting, trading and supervision of companies listed on the SSE's new science and technology board.
Two of JPMorgan's Hong Kong funds have been approved for distribution in China under the Mutual Recognition of Funds scheme.
China's recent moves to help banks replenish capital through perpetual bond issuances are seen as a bailout of the banking system. But what happens in another crisis?
The CSRC says the move demonstrates China’s active promotion of the CPMI-IOSCO Principles for Financial Market Infrastructures and its intent to internationalise its futures markets.
The People's Bank of China has approved S&P Global Ratings to operate locally in its latest move to open up financial markets.
In an unexpected reshuffle, ICBC chairman Yi Huiman has replaced Liu Shiyu as head of the China Securities Regulatory Commission.
“In the next six months you will see more licences being granted," CSRC vice chairman Fang Xinghai told Bloomberg on the the sidelines of the World Economic Forum in Davos.
Perpetual bonds can be swapped for central bank bills and serve as eligible collateral for PBOC lending. Bank of China issuance was more than 2x oversubscribed.
Authorities have reportedly already approached potential IPO candidates for the SSE's new science and technology board. Draft listing rules are expected as early as this month.
CBIRC guidelines require Chinese banks to strengthen compliance management at overseas branches in relation to AML/CTF, tax evasion, sanctions, consumer protection and cybersecurity.