CBIRC chairman Guo Shuqing has highlighted credit risk, shadow banking, illegal fundraising, and derivatives trading as key sources of financial system risk.
June 15, 2021Rules requiring issuers to have credit ratings are removed, investor rights protection mechanisms are enhanced, and obligations on intermediaries are strengthened.
May 22, 2021The PBOC should adopt an aggressive monetary policy like that of the US Fed to boost consumption amid concerns about growing debt levels.
April 19, 2021Banks can pay up to 35 percent in dividends and NBFIs up to 30 percent, provided half of the dividend is paid in stock.
March 25, 2021The RBA's Christopher Kent says banks have tightened lending standards for SMEs, charging them more and imposing more restrictive terms on their loans.
March 22, 2021Companies will no longer be required to engage a rating agency and obtain a credit rating before they issue bonds for sale on the public market.
March 4, 2021The law will help cushion lenders from a build-up of bad loans due to the Covid-19 crisis, allowing them to dispose of bad assets and keep the banking system stable.
February 18, 2021Following talks with FSC Chairman Eun Sung-soo, five major banking groups agreed to extend the loan deferment programme until September.
February 18, 2021The bonds reportedly received a lukewarm response from investors who are seeking higher yields amid signs of tighter liquidity.
February 11, 2021Policymakers should be prepared for the risks of a market correction as complacent investors bet on continued policy support and drive up valuations, the IMF warns.
February 1, 2021