Sat, 15 Apr 2023 Insights Guodong Du 杜国栋
As China tightens its financial regulation, Chinese courts have taken the initiative to participate in financial regulation by hearing finance-related cases over the last five years.
Banking and Finance Law in China 金融法
Tue, 21 Mar 2023 China Legal Trends CJO Staff Contributors Team
In February 2023, the People’s Bank of China (PBC) released the “Measures for the Administration of Affiliated Transactions of Financial Holding Companies”(金融控股公司关联交易管理办法), aiming to strengthen the supervision of affiliated transactions.
Tue, 21 Mar 2023 China Legal Trends CJO Staff Contributors Team
In January 2023, the People's Bank of China (PBC) issued the “China Anti-Money Laundering (AML) Report 2021”. 401 institutions were given administrative penalties for AML violations, with fines amounting to CNY 321 million (approx. USD 46 million).
Mon, 13 Mar 2023 China Legal Trends CJO Staff Contributors Team
In February 2023, The “Measures for the Administration of Securities Brokerage Business” issued by the China Securities Regulatory Commission (CSRC) came into effect.
Mon, 20 Feb 2023 China Legal Trends CJO Staff Contributors Team
In December 2022, China Banking and Insurance Regulatory Commission (CBIRC) released the “Measures for the Administration of Consumer Rights Protection of Banking and Insurance Institutions”, banning fraudulent, concealing, or misleading publicity and forced tie-in sale of products or services.
Tue, 24 Jan 2023 China Legal Trends CJO Staff Contributors Team
In November 2022, China Banking and Insurance Regulatory Commission issued the “Measures for the Comprehensive Regulatory Rating of Foreign Bank Branches” (For Trial Implementation), setting up rules for assessing the operating risks of foreign bank branches.
Wed, 09 Dec 2020 China Legal Trends CJO Staff Contributors Team
On 23 Nov. 2020, China Banking and Insurance Regulatory Commission issued the “Provisions on the Supervision and Administration of Insurance Agents” (保险代理人监管规定).
Tue, 08 Dec 2020 China Legal Trends Yanru Chen 陈彦茹
On 23 Nov. 2020, Shanghai High People’s Court issued the “Several Opinions on Shanghai Court Serving and Safeguarding the Further Expansion of the Opening of the Financial Industry” (上海法院服务保障进一步扩大金融业对外开放若干意见) (“the Opinions”) and six typical cases of foreign-related financial disputes in a press conference.
Fri, 13 Nov 2020 China Legal Trends CJO Staff Contributors Team
The draft version of the Interim Measures for the Administration of Online Micro-lending Business (网络小额贷款业务管理暂行办法(征求意见稿)) was issued by the China Banking and Insurance Regulatory Commission (CBIRC) and the People's Bank of China (PBOC) on November 2, 2020.