The PBOC will defuse "bombs" by reducing the number of high-risk institutions especially small and mid-sized financial institutions.
March 17, 2023The rules include requirements relating to stress testing, data backups, emergency response measures, and management of third-party suppliers.
March 13, 2023The move is aimed at stopping companies from using multiple banks to obtain "excessive financing", and helping banks to strengthen credit management and risk controls.
March 9, 2023Foreign-funded multinational groups can directly establish domestic finance companies to provide financial services to their member units in China.
October 20, 2022The Ministry of Finance strengthened rules around offshore investments, risk monitoring, and debt restructuring for "zombie enterprises".
August 11, 2022Securities regulators have generally not seen increases in their resources despite their expanding regulatory perimeters and raised supervisory expectations.
July 8, 2022China’s new National Climate Adaptation Strategy 2035 New Climate Adaptation Strategy encourages financial institutions to innovate and expand solutions.
June 20, 2022ESMA found that reported trade activity data could be used to track the evolution of Archegos’ positions in individual stocks and analyse the mark-to-market value of its portfolio of swaps.
May 20, 2022Securities and futures firms will have to establish risk monitoring and early warning systems, and strengthen daily vulnerability scanning and security assessments.
April 30, 2022'OSIDA' leverages data analytics and artificial intelligence to process and analyse large datasets reported by banks to detect risk.
April 7, 2022