China to Step up Supervision of Banks' Custody Business
China's banking and insurance regulator recently issued draft rules to step up supervision and manag...
ChloeCBIRC
CBIRC Projects ¥3.4tr in Bad Loans for 2020, More in 2021
CBIRC chairman Guo Shuqing says banks should prepare by replenishing capital, increasing provisionin...
Regulation Asia
CBIRC Approves State-backed Bailout of Bank of Gansu
The CBIRC has approved the issuance of new shares to help Bank of Gansu raise its core tier 1 capita...
Regulation Asia
China: Regulators Seize Nine FIs Linked to Tomorrow Group
The CBIRC has seized control of four insurance companies and two trust companies, while the CSRC has...
Regulation Asia
CBIRC Warns of Worsening Asset Quality, Rising Bad Loans
NPLs will appear in the next period and rise, the CBIRC said, citing deteriorating asset quality, ac...
Regulation Asia
China Allows Foreign Bank Branches to Enter Fund Custody Business
Applicant banks must be of “high quality”, specifically in relation to risk management, internationa...
Regulation Asia
CBIRC Discloses List of ‘Illegal Shareholders’ of Banks, Insurers
20 of the 38 companies on the list are linked to either Baoshang Bank or Anbang Insurance, which bot...
Regulation Asia
CBIRC Strengthens Administrative Procedures for Penalising Illegal Acts
The maximum administrative penalties for illegal acts are effectively increased to ¥5mn for banking ...
Regulation Asia
