A new CCP-led "Central Financial Commission" will be responsible for high-level design, development and supervision of the financial sector and financial stability.
March 18, 2023A new national financial regulatory authority will be established, absorbing the CBIRC and taking over some functions from the PBOC and CSRC.
March 8, 2023The law will create a financial stability guarantee fund, set out clear risk prevention and disposal responsibilities for financial institutions, and introduce a resolution regime for SIFIs.
January 6, 2023The proposed rules empower futures exchanges to impose position limits and reporting requirements on market participants. Position limit exemptions may be granted for hedging activities.
January 5, 2023Shanghai and Shenzhen exchanges are granting exemptions from initial and annual listing fees and all bond transaction handling fees.
January 2, 2023The fine is likely to focus on Ant's alleged violations relating to a "disorderly expansion of capital" and the corresponding financial risks.
November 23, 2022The rules adjust how contributions to the fund are calculated, so that they reflect each insurance company's risk level.
November 14, 2022The move is expected to incentivise more FIs to participate in the private pension scheme and improve their products and services to gain market share.
October 7, 2022The law imposes an obligation on telecom companies and banks to help hunt down fraudsters, and requires the establishment of a risk information sharing mechanism.
September 8, 2022The cut will add about increase foreign currency liquidity, make it more appealing for traders to buy the yuan, and support the economic recovery.
September 6, 2022