All posts tagged "CBIRC"
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49ChinaChina: Shanxi Banking Regulator to Face Corruption Trial
Yang Qinghe is accused of abusing his power to help people who bribed him to obtain loans and other benefits.
July 23, 2021 -
46China
CBIRC Sichuan Official Placed Under Corruption Probe
Li Guorong, the deputy head of the Sichuan bureau of the CBIRC, is being investigated for alleged corruption.
July 18, 2021 -
132China
New Licensing Rules Take Effect for FIs in China
From 1 July, regulators will reissue new licences to banks and insurers, valid for one year, to allow for a transition and exchange period.
July 1, 2021 -
107ChinaCSRC Approves DBS Stake in Shenzhen Rural Commercial Bank
DBS will become the largest shareholder of Shenzhen Rural Commercial Bank, paving the way for its expansion in the GBA.
June 30, 2021 -
65China
CBIRC Bans Ex-President of Sichuan Trust for 8 Years
Former Sichuan Trust president Chen Jun is being punished for his role in the firm's failure to repay investors about CNY 25 billion.
June 30, 2021 -
89ChinaChinese Regulators Instruct Banks to Reduce Interbank Payment Fees
Banks have a one-month transition period to implement the fee reduction measures, which focus on intra-city and inter-bank withdrawals from ATMs.
June 29, 2021 -
59China
CBIRC Issues New Qualification Rules for Insurance Executives
Insurers need to seek approval from the CBIRC on the qualifications of directors, supervisors and senior managers starting 1 July.
June 28, 2021 -
112China
CBIRC Issues Draft Rules on Related Party Transactions
Banks and insurers are required to put in place mechanisms to prevent the transfer of benefits to shareholders and their related parties.
June 24, 2021 -
90China
CBIRC Issues Draft Rules for Major Bank Shareholders
Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.
June 22, 2021 -
177ChinaChina Tightens Rules on Commodity Price Index Compilers
The new rules will help to standardise how commodity price indexes are compiled and improve transparency on the release of information.
June 21, 2021
