MNCs are concerned about enforcement and the monitoring and verification requirements of the new national market
June 28, 2021
Legal
Shanghai 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, 2021Transactions limits are specified for national carbon trading. CBIRC defines banks' affiliated transactions. Parties may be banned from participating in securities markets.
June 25, 2021The new emissions allowance system allows for the offset of voluntary emissions.
June 25, 2021A risk warning system is in place for carbon trading
June 25, 2021Private banking or insurance institutions shall establish a Party organizational structure
June 25, 2021Shenzhen imposes heavy penalties to protect data privacy
June 25, 2021Restrictions on establishment of entertainment venues are relaxed for foreign investment
June 25, 2021Industry coverage, allowance allocation, and compliance obligations are all expected to be ramped up under China's national carbon emissions trading scheme
June 25, 2021CBIRC approves China's first wholly foreign-owned money broker to begin operations; Chinese investment in Europe fell to decade low in 2020; and NDRC releases new rules standardizing disclosure and compilation requirements for price index providers
June 21, 2021
