Loan loss provisions to be lowered to between 120 and 150 percent of bad loans total; provisions against total loan book also reduced.
March 7, 2018Pre-approvals no longer required for wealth management, custody services; procedures simplified for branch opening, executive appointments, bond issuance.
March 1, 2018Banking regulator seeks to send a warning to financial institutions of the consequences of misbehaving
February 22, 2018FSDC should focus on horizontal coordination and supervision of regulatory agencies instead of the current vertical coordination; PBoC should have a greater supervisory role.
February 16, 2018CBRC proposals would require banks to set up conduct management departments, submit conduct codes to regulator, establish whistle blower mechanism.
February 15, 2018Official Communist Party newspaper says regulators should be barred from taking jobs at firms they have supervised in the past.
February 7, 2018CBRC cracked down on banks that provided loans against low-purity gold; the regulator expressed concerns on banks’ lending and collateral management norms.
February 5, 2018The CBRC is cracking down on misappropriation of real estate funds and speculation in the land market.
February 2, 2018Increased regulation in an effort to rein in personal borrowing could foster an attitude of ‘bare minimum compliance’ among banks, leading to future systemic risk.
February 1, 2018PBOC, CBRC say cost of setting up a parent holding company might outweigh the intended improvement in supervision.
February 1, 2018