China Unveils Plans to Allow More Foreign Financial Services Investments December 30, 2016 By Kevin Yao and Engen Tham China unveiled plans on Friday to allow more foreign investment in banking, insurance, securities and credit-rating firms, as part of...
China’s Regulator Toughens Insurer Licensing Requirements: Sources December 22, 2016 By Sumeet Chatterjee and Michelle Price China’s insurance regulator is making it much tougher for insurers to get new licenses as it seeks to reduce risks...
China’s Insurers Have Major Risk Management Deficiencies, Warns Regulator December 5, 2016 Chinese insurance firms have significant risk management deficiencies, as they overly focus on asset management for profits and growth, a...
China Regulator Asks Insurers to Assess Risks & Strengthen Controls: Report August 3, 2016 The China Insurance Regulatory Commission (CIRC) has asked insurers to thoroughly assess business risks and strengthen their risk controls, the...
China Seeks Help from UK on Its Plans to Create Financial Super-Regulator May 16, 2016 By Benjamin Kang Lim and Michelle Price China has asked Britain for advice on plans to create a financial super-regulator, as it looks to improve financial oversight...
China’s Cabinet to Take Greater Role in Financial Markets Oversight: Source January 11, 2016 By Benjamin Kang Lim China’s cabinet is set to take on a bigger role in overseeing financial markets, as perceived missteps by existing regulators...