Pledgees are allowed to realize the pledged stock
March 19, 2021
Banking and Finance Laws
U.S.-China tensions remain number one concern among U.S. companies in China; FCC designates five Chinese companies as national security threats; and PBOC, SAFE launch pilot program in Beijing, Shenzhen for multinationals' foreign exchange purchases
March 15, 2021Commercial banks are not allowed to engage in cross-region online lending
March 05, 2021Most high-tech MNCs expect greater difficulties in China even with more market access; Chinese investment in Australia plummets in 2020 amid pandemic and regulatory scrutiny; and China approves Schroders majority-owned wealth management JV
March 01, 2021CBIRC finalizes online lending rules requiring strict loan finance ratios; U.S. Chamber of Commerce warns of dire economic impact of decoupling; and China replaces U.S. as EU's biggest trading partner in goods
February 22, 2021CBIRC adds more specifics to the evaluation of directors and supervisors of banks and insurance companies
February 10, 2021The Draft strengthens governance of independent directors
February 10, 2021Market makers will no longer be set by product
February 10, 2021Chinese antitrust bodies finalize strict guidelines for platform operators; PBOC digital currency body links up with SWIFT to launch JV; and German chamber survey reports optimism despite pandemic woes
February 08, 2021Biden delays implementation of part of Trump's military investment ban; U.S.-China financial investment flows far greater than official figures according to new report; and China launches national carbon emissions trading market
February 01, 2021
