Tag: PBoC
Wealth Management Connect 2.0: Bigger quotas, more products
China Evergrande a reminder to private banks of danger ahead
GBA Wealth Management Connect raises questions over cross-border marketing
September regulatory round-up: WM Connect and Southbound Bond Connect launched; International FIs expand in China; HK and S’pore regulators issue SPAC listing rules
Research on central bank digital currency lends hope to smoother cross border transactions
Southbound Bond Connect marks new milestone for cross-boundary trading
Banks in Hong Kong welcome Wealth Connect clarity in details by PBoC
Banks weigh in on China’s “two sessions” as authorities set moderate growth targets
Jan/Feb Regulatory Round-up: GBA Wealth Management Connect; warning against ramp-and-dump scams; 2021 priorities
Wealth Management Connect ready to launch once travel bans lifted
China mulls relaxing offshore investment restrictions on individual capital accounts
Regulators sign MoU for Greater Bay Area Wealth Connect
As others ruminate over digital currencies, China pulls out all stops
PBoC pledges further opening-up, de-risking, and green finance for 2021
Emerging from COVID-19 in flying colours? – A recap of China themes in 2020
Credit Suisse adds COO to China franchise
Chinese economy to bounce back stronger than ever: Morgan Stanley
China’s RMB reform signals Beijing’s confidence in economy
September Regulatory Round-up: FinCEN leak; MAS’s individual accountability regime; removal of private OFC fund restrictions
China’s integration of QFII and RQFII “another milestone”: UBS’s Fang
FTSE Russell warms to Chinese government bonds
PBoC’s new rules on financial holding companies aim to mitigate systemic risks
August Regulatory Round-up: China opens bond market to foreigners; HK launches Limited Partnership Fund regime; HK security law may clash with US sanctions
Chinese banks’ shadow credit grows in 1H20, as AM regulations are shelved until 2021
June Regulatory Round-up: MAS quashes fund flow rumours; WM Connect launches; PBs in HK ramp up bespoke deal record-keeping
PBoC outlines plan on how FIs can sacrifice RMB 1.5 trillion of profits to bolster real economy
UBS hires senior CBIRC, PBoC official to head China onshore business
Counteracting trends at play as China slowly recovers from COVID-19: UBP
February Regulatory Round-up: Regulators aim to soften COVID-19 impact; MAS faults PBs for overcharging clients; China’s largest AML fine; Hong Kong beefs up privacy protection
Three FIs receive record fines from PBoC for AML violations
MAS asks FIs to step up business continuity plans in corona crisis
PBoC pledges sufficient liquidity to maintain the smooth operation of China’s banking system
Regulatory trends in 2019
CS adds two to prime services bench
July Regulatory Round-up: SFC notes 2% drop in 2018 PWM AUM; HKMA guidance on loss-absorption products stirs uncertainty; China encourages foreign participation in onshore financial industry
PBoC encourages foreign FIs to participate in setting up WM subsidiaries
Fed to pause rate hikes, says Yellen at UBS conference
Key moments in 2018
CIO Weekly – October 2018 Week 5
HKMA and MAS strengthen ties with China
Chinese wealth and asset management retrospective: A new era
China banking regulator seeks to remove uncertainty with follow-up WMP rules
DBS: Latest PBoC rate hike portents continued tightening in China
Foreign banks to be given “more room” in China: CBRC chairman
Hong Kong and Singapore to benefit from China’s tough stance on cryptocurrencies?
Police, regulators and banks launch AML task force in HK