The guidance is based on thematic examinations at banks, conducted to ensure they proper systems and control in place to manage their green and sustainable products.
December 12, 2022Banks can access commercial credit reference agencies via the CDI to automate credit approval processes, reduce manual handling, and enhance operational efficiency.
November 18, 2022Banks are encouraged to access credit data in the CCRA database via the CDI, to help them automate credit approvals and enhance efficiency.
September 1, 2022The CBIRC identified issues with shareholder behaviour, related party transactions, risk management systems, and internal audit, among other areas.
November 16, 2021The two ex-bankers have relaxed risk controls and used customised rules to facilitate loan approvals for certain borrowers in exchange for bribes.
November 8, 2021The guidance APG 220 is published in advance of finalising the standard APS 220, which is contingent on potential changes to consumer credit laws.
August 21, 2021Cooperative banks should not outsource policy formulation, internal audit, KYC compliance, credit approval and portfolio management.
July 3, 2021The CBIRC's Beijing and Shanghai bureaus have asked banks to review loans granted since mid-2020 to identify illegal inflows of credit funds into the real estate sector.
February 5, 2021