All posts tagged "CBIRC"
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185ChinaCBIRC Proposes New Rules on Consumer Rights Protection
The proposed rules prohibit misleading sales, compulsory product bundling, unreasonable charges, and "algorithmic discrimination".
May 23, 2022 -
199Capital RegulationCBIRC Issues Rules to Standardise ECL Processes at Banks
The rules will address differences in how banks have implemented the ECL method, and prevent its use as a "tool" to adjust profits.
May 23, 2022 -
201ChinaChina to Centralise Efforts to Resolve Overdue Payments to SMEs
The campaign aims to resolve arrear payments due to SMEs for projects, goods and services purchased by government agencies, state-owned institutions and large enterprises.
May 23, 2022 -
337ChinaCBIRC Enhances Investment Flexibility for Insurance Funds
The CBIRC expanded the types of financial products insurance funds can invest in and clarified regulatory requirements for entrusted investment of insurance capital.
May 20, 2022 -
301ChinaChina Lowers Mortgage Rates for First-home Buyers
The move is designed to revive the property market. Last week banks were also directed to adjust how they set deposit rates.
May 17, 2022 -
317ChinaPBOC Directs FIs to Bolster Support for Shanghai Borrowers
The PBOC's Yu Wenjian said increasing lending is a key area where FIs can help Covid-hit firms to restart work and production.
May 13, 2022 -
359ChinaCBIRC Issues Rules for Launching Private Pension Products
A new CBIRC notice is aimed at encouraging banks, wealth management firms and life insurers to develop their commercial pension business.
May 12, 2022 -
464ChinaPBOC, CBIRC Probe Rural Banks Over Service Disruptions
Customers of multiple rural banks complained that banking service disruptions have prevented them from withdrawing their money.
May 9, 2022 -
406ChinaChina Announces Planned Measures to Boost Capital Market
The CSRC and stock exchanges will support fundraising by SMEs and real estate firms, and encourage listed companies, their shareholders, and institutional investors to buy more stock.
May 9, 2022 -
487ChinaCBIRC Warns Three FIs Over Complaints Handling Violations
ICBC, China Everbright Bank and China Post Life Insurance violated the CBIRC's rules for handling customer complaints and reporting complaints data.
May 8, 2022
