CHINA SECURITIES REGULATORY COMMISSION

AML / KYC

SSE, SZSE Propose Rules Changes to Implement Investor ID Regime

By Editors | 25/11/2019

Under the regime, brokers must assign a unique digital code that identifies each investor, who will be “deemed to agree” that their information may be transferred to the Hong Kong SFC and SEHK.

Securities / Derivatives

Nomura Joint Venture Secures China Securities Business Licence

By Editors | 25/11/2019

Nomura Orient International Securities, 51% owned by its Japanese parent, will be allowed to operate brokerage, investment consulting, proprietary trading, and asset management businesses.

Securities / Derivatives

CSRC Approves Launch of New Commodity Options Contract

By Editors | 25/11/2019

PTA, methanol, iron ore and gold options will launch in December and rapeseed meal options will launch in mid-January.

Securities / Derivatives

CSRC Solicits Comments on Revised Rules for Futures Exchanges

By Editors | 20/11/2019

The CSRC has revised its rules for futures exchanges to align with new developments, existing futures market practices, and international standards, as well as to improve front-line supervision.

Securities / Derivatives

CSRC to Allow Full Conversion of Non-tradeable Shares to H-Shares

By Editors | 19/11/2019

The move is seen as a way for state investors to exit some industries, and a way for some mainland companies to raise new funds and improve liquidity in their H-shares.

Enforcement

CSRC Revokes Licences of CEFC China Securities Unit

By Editors | 18/11/2019

CEFC Shanghai Securities Co used its own and client funds to provide financing to its parent and other affiliated companies for purchasing and leasing properties.

Securities / Derivatives

CSRC Plans Additional Reforms to Ease Access to STAR Market

By Editors | 07/11/2019

The reforms include the removal of first day trading limits and faster processing of applications from companies seeking a listing.

Securities / Derivatives

China Commodity Exchanges to Stop Double-counting Trade Volumes

By Editors | 30/10/2019

The SHFE, DCE and ZCE will all move to reporting on a single-count basis from 1 January 2020, in a bid to converge with international standards.

Market Infrastructure

Trade Woes Prompt Easing of China’s Forex Rules

By Editors | 28/10/2019

SAFE will ease controls on equity investment from non-investment foreign firms, among 12 measures to help draw overseas funds into the domestic market and facilitate cross-border trade.