Research Reports: China Financial Regulatory Updates – July 2013

Kreab Gavin Anderson Research Asia’s China Financial Regulatory Updates offer snapshots of the latest regulatory developments that impact China’s banking, securities and insurance industries.

Banking

Major changes in July included the approval of a free-trade zone in Shanghai (p. 1), new measures for cross-border yuan transactions and bank card acquirers (p. 2), the announcement of a when-issued bond pilot (p. 3), the relaxation of bank lending rate controls (p. 3), the relaxation of foreign exchange controls over the services trade (p. 4), and the expansion of yuan liquidity facilities in Hong Kong (p. 4). To read more, click here.

Insurance

In July, changes within the insurance regulatory environment included the arrival of the effective date for new regulations on investment-linked insurance schemes in Hong Kong (p. 1), the CIRC’s liberalization of assumed interest rates for some life insurance products (p. 1), and the announcement of an upcoming consultation process for Chinese pension reforms (p. 2). To read more, click here.

Securities

In July, major regulatory changes included the approval of a new free-trade zone in Shanghai (p. 2), the approval of a new government bond futures program (p. 2), the announcement of higher QFII and RQFII quotas (p. 4), Hong Kong’s launching of Islamic bonds (p. 6), and an announcement of new high-level support for investment in small and micro enterprises (p. 6). To read more, click here.

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