All posts tagged "Ant Group"
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146ChinaPBOC Says Ant Group Working to Overhaul Business Structure
Ant Group is drawing up a timetable to fold its financial operations into a holding company, under the guidance of regulators.
January 19, 2021 -
211China
Chinese Regulators to Force Ant, Tencent to Share Borrower Data
Ant Group affiliate Alibaba and Tencent have so far been resistant to sharing their loan data with credit databases such as Baihang.
January 15, 2021 -
261China
Chinese Regulators Order Ant Group to Reorganise Business
Ant Group is directed to refocus on its payments business and correct regulatory violations in its credit, insurance, wealth management and asset securitisation businesses.
December 31, 2020 -
136ChinaPBOC Approves Establishment of Second Personal Credit Agency
The agency will be jointly owned by the Beijing government, JD.com, Xiaomi and facial recognition start-up Megvii Technology.
December 15, 2020 -
425Fintech / RegtechMAS Awards Licences to Four Digital Bank Applicants
The licences were awarded to the Grab-Singtel consortium, a Sea Limited subsidiary, an Ant Group entity, and a consortium formed by a Chinese property giant.
December 6, 2020 -
1.2KChinaChina Consults on Antimonopoly Rules for E-commerce, Payments
The new rules issued by China's SAMR prohibit a range of monopolistic practices and are expected to impact internet giants Alibaba, JD.com, Tencent, and Meituan, among others.
November 12, 2020 -
1.5KAustralia & NZLoan Loss Expectations Prompt Need for Collateral Visibility
Collateral is one of the more underutilised credit risk mitigation tools available to banks, and likely to become more important as loan losses mount in the year ahead.
November 12, 2020 -
1.2KCapital RegulationAnt IPO Suspension Needed to Protect Investor Rights: CSRC
Avoiding a hasty listing against significant change in the regulatory environment is in line with the responsibilities of market regulators towards investors and markets, the CSRC said.
November 6, 2020 -
983China
Chinese Regulators Force Suspension of Ant Group IPO
The Shanghai and Hong Kong IPOs have been suspended following supervisory interviews with Jack Ma and two other executives. Ant was due to start trading on Thursday.
November 3, 2020 -
1.4KCapital Regulation
PBOC, CBIRC Issue Draft Rules for Small Loans Businesses
Microfinance businesses must have a registered capital of at least CNY 1 billion. Those operating across provincial borders must have at least CNY 5 billion.
November 3, 2020
