All posts tagged "PBOC"
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1.1KChinaChinese Regulators to Combine QFII, RQFII from 1 November
The move to combine the QFII and RQFII into a single 'qualified foreign investor' regime is aimed at further easing foreign access to China's capital markets.
September 28, 2020 -
416ChinaFTSE Russell to Include Chinese Govt Bonds in Global Index
FTSE Russell cites significant market infrastructure improvements to expand access to international investors, improve liquidity, and develop settlement and custody processes.
September 28, 2020 -
873ChinaPBOC, JD.com Partner to Support Digital Currency Fintechs
The two entities will identify, explore and build fintechs that supports the DCEP on JD.com’s existing e-commerce platforms and services.
September 25, 2020 -
403ChinaChina to Further Relax Foreign Access to Bond Market
The PBOC and SAFE are consulting on new rules that will reduce restrictions on outward remittances for institutional investors, among other rule changes.
September 24, 2020 -
359China
PBOC Issues New Measures on Financial Consumer Protection
From 1 November, banks and payment institutions that try to restrict consumers from choosing financial products and services offered by other institutions can be penalised.
September 22, 2020 -
1.0KChinaCBIRC Steps Up Efforts to Control Risks in Internet Finance
Regulators are working to include internet lending in credit reference systems, and to make it easier to jointly punish dishonest borrowers.
September 17, 2020 -
480AML / KYC
Chinese Police Target Offshore Gambling via E-Commerce Platforms
Chinese police say at least $2bn has been laundered to offshore gambling sites through fake e-commerce purchases and other methods.
September 17, 2020 -
1.2KChinaChina to Develop More Cities as Global Fintech Hubs
The other cities besides Beijing that China will develop as global fintech hubs include Shanghai, Shenzhen and Hangzhou, underpinned by regulations on fintech development.
September 16, 2020 -
716Capital Regulation
PBOC Publishes Final Rules for Financial Holding Companies
Existing groups that meet the requirements have 12 months to apply to the PBOC for establishment and licensing, with at least CNY 5 billion in registered capital.
September 15, 2020 -
1.1KCapital Regulation
State Council Approves Rules for Financial Holding Companies
Based on last year's consultation, non-financial enterprises that control financial sector businesses will need a licence to operate financial holding companies.
September 7, 2020
