Commercial banks are not allowed to engage in cross-region online lending. CBIRC strengthens regulation of reputational risk, as well as anti-money laundering and anti-terrorist work of commercial banks.
February 26, 2021
China Law News
CBIRC 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, 2021Data possession constitutes a crucial factor in determining platform monopoly, Shenzhen allows PE firms to invest in the A-share market and CSRC imposes requirements for adding new shareholders prior to an IPO application.
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, 2021CBIRC issued two law drafts governing independent directors, directors and supervisors of banks and insurance companies. SPC offers online case opening services for cross-border litigation.
February 04, 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, 2021CSRC issued guidelines on index funds aiming to protect investors, CBIRC diversified assessment of insurance companies' solvency and Shanghai tightened up housing purchase restrictions.
January 29, 2021Access insights and analysis on key topics such as US Tech Restrictions, PE/VC, Capital Market, Tax, Data Privacy, Arbitration, and more!
January 28, 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, 2021PBOC defines market dominance for non-bank payment institutions. There are stricter rules on using the word "China" and its variants in an enterprise's name. Market makers will no longer be set by product.
January 22, 2021
