Banking and Finance Laws

Foreign bank branches may engage in fund custody business

TikTok in limbo after Trump's threat to ban app from U.S. market; Luckin to be penalized by Chinese regulators over falsified sales; and Hong Kong bourse launches hedging tools for tapping A-share market

The interbank bond market and stock exchange bond market are integrated

The interbank foreign exchange market launches prime brokerage business

Global banks are increasingly being forced to pick a side amidst U.S.-China hostilities

Foreign banks' local branches can apply for fund custody licenses, fulfilling trade deal pledge; China's securities watchdog names and shames illegal margin lenders as fears grow of 2015 market rout repeat; and State Council announces sixth batch of FTZ reform measures to be rolled out nationwide

Hong Kong national security law comes into effect with U.S. sanctions imminent; China launches wealth management connect scheme with Hong Kong, Macao; and NPC publishes draft Data Security Law tightening data protection rules

U.S. Senate passes bill threatening sanctions against financial institutions, officials over Hong Kong; China shortens negative lists to further open up economy to foreign investment; and CSRC plans to grant securities licenses to domestic commercial banks

Xinhua reveals details of planned Hong Kong national security law; JPMorgan becomes first fully-owned futures business following CSRC approval; and U.S. companies allowed to work with Huawei on next-generation technology standards

Forex control relaxed to facilitate cross-border business