All posts tagged "China Construction Bank"
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588ChinaPBOC Fines Six Bank Branches for Customer Data Rights Breaches
The $6mn in penalties against state-owned banks follows last week's unveiling of what will be China's first unified piece of national legislation on the protection of personal data.
October 23, 2020 -
544ChinaCBIRC Issues Raft of Penalties Over Illegal Loans at Banks
China Construction Bank was fined, while senior executives and responsible personnel at Shanghai Pudong Development Bank and Guangfa Bank were punished individually.
October 21, 2020 -
716Capital Regulation
China Issues G-SIB TLAC Rules for Consultation
Under the rules, China’s G-SIBs must have loss-absorbing capacity amounting to at least 16 percent of risk-weighted assets starting from 1 January 2025.
October 1, 2020 -
1.2KChinaChina: Two More State-Banks Join Digital Yuan Testing
Postal Savings Bank of China and China Citic Bank will join four other state banks in conducting initial tests and creating services for the digital currency.
September 3, 2020 -
440ChinaCBIRC Penalises Two State-Owned Banks for Violations
Agricultural Bank of China and China Construction Bank were fined more than a combined 90mn yuan and one individual was banned for life.
September 3, 2020 -
824ChinaCSRC Grants BlackRock Approval For Fully-owned Mutual Fund Unit
The approval makes the BlackRock the first foreign financial institution to receive approval to set up a wholly-owned mutual fund unit in China.
August 31, 2020 -
421ChinaCBIRC Green-lights BlackRock-Temasek-CCB Joint Venture
The wealth management joint venture is said to have received approval to commence establishment, with control resting with the two foreign institutions.
August 25, 2020 -
1.1KChina
UPDATED – China to Include Beijing, Hong Kong in Digital Yuan Pilot
The move to expand the digital yuan pilot to major cities including Shanghai, Beijing, Guangzhou and Hong Kong brings coverage to a potential user base of around 400 million.
August 16, 2020 -
1.5KChina
China Moves Closer to Launching Sovereign Digital Currency
PBOC has formed a new subsidiary to streamline efforts to launch a central bank digital currency, which is now being tested at four state-run banks.
August 7, 2020 -
1.2KFintech / RegtechMalaysia to Experiment with Tokenised Bonds in Offshore Market
Bursa Malaysia has partnered with Singapore fintech Hashstacs to develop a blockchain solution for the issuance, servicing, trading, clearing and settlement of bonds.
July 31, 2020
