Hosted on MSN21d
Senior official with China’s new financial regulator targeted in corruption probe just a week into the job
he was the director of the Insurance Fund Supervision Department of the China Banking and Insurance Regulatory Commission, which was abolished and replaced by the NFRA during the overhaul last year.
Global Times23d
China rolls out medium- and long-term investment plan with clear measures to boost capital market confidence
the China Securities Regulatory Commission, the Ministry of Finance, the Ministry of Human Resources and Social Security, the People's Bank of China and the National Financial Regulatory ...
Major state insurers to allocate 30% of new premiums to A-shares annually as China pushes for long-term investment
Chinese financial regulators on Thursday further elaborated on an implementation plan issued a day earlier aimed at boosting the inflow of long-term funds into the stock market, saying that they will ...
scmp.com22d
China channels pension, insurance funds into nation’s A shares to anchor stock market
Corrects the second paragraph of this story published on January 23 to say that mutual funds, not pension funds, would be directed to invest more in the stock market. China’s financial ...
The Financial Times23d
Beijing tells insurers to buy more Chinese stocks
The latest move, first announced on Wednesday evening by regulators including the China Securities Regulatory Commission and the People’s Bank of China, aims to “stabilise the stock market and ...
scmp.com23d
China directs funds to stabilise stock market amid Trump tariff threats
China will direct medium- and long-term funds, including commercial insurance ... China Securities Regulatory Commission (CSRC), the Ministry of Finance, the People’s Bank of China (PBOC ...
The Financial Express10d
Insurance bill to allow 100% FDI likely in Budget session
Tax sops expected to boost bank deposits The bill will amend three laws—the Insurance Act, the Insurance Regulatory and ... opening of branch offices. The department of financial services ...
JD Supra9d
Congressional Investigations Outlook: What to Expect from the 119th Congress
The 119th Congress is underway, and Republicans control both chambers. With President Trump in the White House, both the House and the Senate ...
The Star22d
China to guide billions of dollars of insurance money into stocks
Authorities will in the first half of this year call on insurers to invest at least 100 billion yuan ($13.75 billion) of long-term funds into stocks, China Securities Regulatory Commission head Wu ...
Reuters23d
China prods insurers to invest billions in latest move to support markets
Stocks rose after the press conference by China Securities Regulatory Commission (CSRC) head Wu Qing, but gains were modest. The latest plan mirrors previous calls to promote capital markets ...
Reuters23d
EU Commission investigates depth of EU safety net for stablecoin holders
MILAN, Jan 23 (Reuters) - The European Commission is investigating the ... prudentiel et de résolution (ACPR), the country's banking and insurance supervisor, last year asked the European Banking ...
Business Times26d
Why China’s banks are stock market darlings – for now
INVESTORS in China’s mainland stock market made a beeline for bank ... a macro analyst specialising in asset allocation at a major brokerage firm told Caixin. Insurance and bank wealth management ...