All posts tagged "risk reserves"
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616ChinaCSRC Proposes Tougher Rules for Major Money Market Funds
Money market funds with more than CNY 200 billion in net assets, or more than 50 million investors, will have to strengthen risk management and set aside additional risk reserves.
January 18, 2022 -
990Capital / LiquidityPBOC Issues Draft Law Aimed at Modernising Central Bank System
The draft law expands the PBOC's role in preventing financial risks, assigns it responsibilities to society, and provides a legal basis for its CBDC, among other changes.
October 28, 2020 -
767China
PBOC Scraps Risk Reserve Requirement on FX Forwards
The risk reserve ratio previously made it more expensive to bet against the yuan by forcing FIs to set aside extra cash when buying FX forwards for clients.
October 13, 2020 -
1.8KChinaChina’s P2P Crackdown Leaves Just 29 Operators in Business
Savers who invested in the thousands of now-defunct P2P platforms over the last several years have not yet managed to recover their funds.
August 18, 2020 -
778ChinaSZSE, CSDC Issue New Guidelines on Cash Management Products
The guidelines limit cash management products to investing in only highly liquid assets, among other restrictions, to ensure investors’ rights are protected.
August 17, 2020 -
1.0KChinaCBIRC Issues New Rules for Insurers’ Asset Management Products
Insurance asset management products may not invest more than 35% of net assets in shadow banking assets, and may not invest in commercial banks' credit assets directly.
March 27, 2020 -
537Australia & NZAPRA’s Authority Potentially Undermined by IOOF Court Loss
APRA initiated court action against IOOF seeking to ultimately disqualify its executives from the industry, but instead the court dismissed the regulator's case.
September 25, 2019 -
783ChinaCFFEX to Set Aside 20pc of Fee Income as Risk Reserve
Effective from 24 May, the CFFEX will set aside 20 percent of its service fee income as risk reserves, to be maintained in a special account and managed under separate accounting.
May 29, 2019 -
1.2KCapital / LiquidityChina’s New P2P Rules Could Shut Out 90pc of Platforms
Only 100 P2P lending platforms are expected to qualify for new licences under the new registration system set to be introduced later this year.
April 18, 2019 -
818ChinaChina Publishes Draft Rules Easing Market Access for Foreign Banks
Foreign banks will be allowed to set up wholly-owned branches and subsidiaries in China provided they maintain at least 8% of yuan-denominated risk assets as reserves.
October 29, 2018
