The draft law brings into scope non-bank financial institutions as well as property developers, accounting firms and precious metal dealers.
The new rules, effective 1 July, will strengthen and standardise performance evaluations of directors and supervisors of banks and insurers, the CBIRC said.
The 29 firms that have entered the "white list" will receive lower levels of supervisory scrutiny and be allowed greater flexibility in their business processes.
The ETF cross-listing mechanism provides Chinese investors another avenue to access the Hong Kong market besides Stock Connect.
The so-called "data-sharing hub" will allow data sharing between trusted institutions in a way that ensures that the source data can be used but not seen or moved.
The PBOC has raised the RRR for foreign currency deposits for the first time in 14 years and asked enterprise and FIs not to engage in FX speculation.
The PBOC has reportedly relaxed cross-border leverage limits for local branches of foreign banks from 0.8 to 2.0.
Shanghai will further open up to foreign investors and new financial services products will be introduced, including various derivatives products.
Crude oil options will launch on 21 June. Palm oil options will launch on 18 June. Both products will be open to foreign investors.
The rules take effect from 27 June, with a new six-month transition period before full compliance is required.
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