All posts tagged "SAFE"
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548ChinaSAFE Blacklists FX Firms As Illegal Capital Outflows Increase
SAFE has asked financial institutions to monitor for leveraged forex trading and blacklisted 43 FX firms amid signs that illegal capital outflows have been increasing.
September 19, 2019 -
628China
China Scraps QFII, RQFII Quota Restrictions
SAFE has announced it is removing its QFII and RQFII quota restrictions, as well as the country and region requirements for both schemes.
September 10, 2019 -
601China
SAFE Approves Three Brokers for Interbank FX Trading
Citic Securities, Huatai Securities and China Merchants Securities are allowed to conduct interbank forex business both on a proprietary basis and on behalf of clients.
September 9, 2019 -
390ChinaChina Moves to Cut Off P2P Lenders’ Payment Channels
Cutting off payment and settlement services will restrict the funds flowing in and out of P2P lenders, part of a regulatory crackdown on the sector.
September 2, 2019 -
720ChinaShenzhen to Pilot Easier Rules on Foreign Exchange Transactions
To facilitate payments in foreign currencies, SAFE’s Shenzhen branch will move away from the approval-based system to shorten settlement to just minutes rather than hours.
August 30, 2019 -
297ChinaShanghai to Allow Multinational Firm Employees to Trade A-Shares
The initiative is aimed at encouraging more multinational companies to set up their regional headquarters in Shanghai, which seeks status as a global financial centre.
August 15, 2019 -
1.0KChinaSFC Warns FX Brokers Against Servicing Mainland Clients
Licensed corporations and their controlling entities are asked to review the legality of the services they offer, and immediately discontinue “unauthorised or illicit activities”.
June 18, 2019 -
506ChinaHuatai Confirms Intention to Float London Depositary Receipts
Huatai Securities reconfirming its intention to list depositary receipts on the LSE signals that the issues that delayed the Shanghai-London Stock Connect may now be resolved.
June 6, 2019 -
554ChinaChina Clarifies Treatment of CDR Proceeds for Foreign Issuers
New rules from the PBOC and SAFE give freedom to CDR issuers to elect whether to keep the proceeds in China or send them abroad.
May 30, 2019 -
685China
China Moves Towards Interoperable Bond Market Access Schemes
Rules drafted by the PBOC and SAFE will ease investments in China's fixed income market by creating some interoperability between the QFII/RQFII and CIBM schemes.
May 15, 2019
