Beijing stock exchange hosting innovative SMEs announced; BNP Paribas in talks to launch majority-owned wealth management venture; and Hainan to trial cross-border asset management operations
September 07, 2021
Banking and Finance Laws
Hong Kong buyers make first cross-border CCER deal under new national ETS; Arbitration Law proposed revisions released to align further with international practice; and Standard Chartered application for securities venture accepted by CSRC
August 17, 2021JPMorgan becomes first fully foreign-owned securities venture in China; Fidelity approved to set up new fully-owned mutual fund business; and SEC approves new board diversity quota and disclosure requirements
August 10, 2021The expansion of competing U.S.-China sanctions requirements are forcing multinationals to rethink their traditional global compliance strategies
July 30, 2021State Council unveils strict rules barring for-profit tutoring companies; MIIT launches six-month campaign targeting internet industry bad practices; and UBS launches family trust services for wealthy clients
July 26, 2021Contractual clauses dealing with the consequences of sanctions might be deemed as sanctions implementation or enforcement, potentially in violation of the new anti-foreign sanctions law
July 22, 2021CBIRC defines affiliated transactions of banks and insurance companies
July 05, 2021Hear from the in-house head at BlackRock CCB Wealth Management, China's second-ever foreign-controlled wealth management business
July 05, 2021New China asset management rules tighten requirements on the due diligence of distributors
June 30, 2021Shanghai energy exchange releases details of carbon emissions trading; first options products open to foreign investors begin trading in Shanghai, Dalian; and PBOC orders major banks and payment services institutions to clamp down on OTC crypto merchants
June 28, 2021
