News

China to tighten requirements for foreign investment in banking. China is set to revise rules on the setting up of new banks in the country, aiming to tighten requirements for foreign firms [...]

CBRC Chairman Shang Fulin diagnoses the banking system. China's banking sector suffered a credit squeeze, late June, borrowing costs surged to record highs. Both banks and borrowers showed [...]

China injects funds into money markets, quelling fears. China’s central bank has injected money into the financial system for the first time in nearly half a year, seeking to stave off a repeat [...]

Peoples's Bank of China annouce decision to further promote Market-based Interest Rate Reform With the approval of the State Council and for the purpose of furthering market-based interest rate [...]

CRSC announces rise to total investment quota of QFII regime and further expansion of RQFII pilot regime to Singapore and London | (Chinese Only) | (English Article) The China Securities [...]

ASIFMA supports continued bond market reform in China. ASIFMA, a sell-side trade association, believes that in numerous respects, China's bond markets fall short of international norms, and as [...]

Chinese banking system stable, says regulator. China's banking system is stable, despite ongoing fears of a "credit crunch" spooking financial markets, according to the country's top regulator. [...]

Liquidity at 'Reasonable Level,' PBOC Says | (Chinese) | (English News Release). The central bank has urged banks to control risks from credit expansion amid a growing liquidity crunch. The [...]

Commission extends deadline for ESMA’s equivalence work under EMIR. The European Commission today, in a letter sent to ESMA, extended the deadlines for ESMA’s advice on the equivalence of [...]

GFMA have released three papers on their views of extraterritoriality: GFMA Paper Detailing Extraterritoriality Issues in US and EU. GFMA Views on the Impact of EU Extraterritorial Legislation [...]