All posts tagged "FSDC"
-
501Hong KongFSDC Proposals to Advance Hong Kong as Family Office Hub
The Financial Services Development Council has identified four areas where reform is needed to make Hong Kong a “more conducive operating environment” for family offices.
July 16, 2020 -
478ChinaChinese Financial Regulators Vow Crackdown on Fraud
The FSDC set out measures to speed up investigations and criminal prosecutions, increase penalties and civil compensation, and improve stock market delisting mechanisms.
July 15, 2020 -
840FeatureFSDC Proposes Measures to Advance Hong Kong as ESG Hub
Hong Kong needs a more coordinated policy environment and an ESG policy roadmap, to provide greater certainty and foster confidence for institutional investors, the FSDC says.
July 14, 2020 -
706ChinaBank of China to Partially Shoulder Investors’ Crude Oil Losses
The move followed a determination by the Financial Stability and Development Committee that the bank was at fault for not following investment suitability principles.
May 8, 2020 -
499Hong Kong
HK FSDC Survey Highlights Regulatory Challenges in Wealth Management
Survey and focus group participants highlighted KYC challenges, a lack of clarity on client suitability requirements, and overly onerous investor protection measures impeding professional investors.
February 26, 2020 -
458ChinaAmundi-BOC Wealth Management JV Wins CBIRC Approval
The joint venture is expected to launch during the second half of 2020. Amundi will own a 55% stake while BOC Wealth Management will own the other 45%.
December 23, 2019 -
479Capital RegulationChina Publishes Draft Framework for D-SIB Assessments
Moody's says the regulation may widen credit divergences between large and small banks, as the latter are less likely to receive less government support.
November 28, 2019 -
1.1KCapital Regulation
PBOC Enhances Liquidity Support for New Perpetual Bond Market
Perpetual bonds can be swapped for central bank bills and serve as eligible collateral for PBOC lending. Bank of China issuance was more than 2x oversubscribed.
January 28, 2019 -
711Capital RegulationChina Promotes Perpetual Bonds to Replenish Bank Capital
The FSDC has given the green light to allow commercial banks to replenish their capital through issuing perpetual bonds. Bank of China likely to be the first to do so.
December 31, 2018 -
692Capital Regulation
More Chinese Institutions to be Designated ‘Systemically Important’
Regulators will designate more financial institutions as 'too big to fail' and subject them to additional prudential and supervisory requirements.
November 29, 2018
