U.S. business group survey indicates companies are not leaving China market; digital currency pilot set for expansion to major Chinese cities; and foreign nationals from 36 European countries allowed entry into country
August 17, 2020
Banking and Finance Laws
Foreign bank branches may engage in fund custody business
August 07, 2020TikTok 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
August 03, 2020The interbank bond market and stock exchange bond market are integrated
July 30, 2020The interbank foreign exchange market launches prime brokerage business
July 24, 2020Global banks are increasingly being forced to pick a side amidst U.S.-China hostilities
July 17, 2020Foreign 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
July 13, 2020Hong 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
July 06, 2020U.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
June 29, 2020Xinhua 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
June 22, 2020
