Commercial banks are not allowed to engage in cross-region online lending
March 05, 2021
Banking and Finance Laws
Most 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, 2021PBOC defines market dominance for non-bank payment institutions
January 29, 2021European Commission publishes full text of China-EU investment deal; PBOC publishes draft rules targeting anti-competitive practices of payment platforms; NPCSC adopts decision launching Beijing Financial Court
January 25, 2021
