Tag: China

China bolsters market sentiment by simplifying stock investments for insurers

China has recently introduced new measures making it easier for insurance firms to invest in its domestic stocks.

Navigating the labyrinth of FATCA and CRS compliance in the APAC...

In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.

China finalises Ant Group’s regulatory overhaul with hefty fine

The Chinese authorities levied a hefty fine of $984m on Ant Group for breaching consumer protection and corporate governance laws, according to a report from Reuters.

China and Singapore ink deal on a green finance taskforce

The MAS and the Peoples Bank of China has established a green finance taskforce to deepen cooperation on green finance matters.

Chinese authorities set to intensify financial corruption crackdown

Chinese authorities have warned the country’s top bankers that the crackdown on the industry ‘is far from over’ in a recent private meeting.

Alibaba sells half its stake in India-based payments company Paytm

Chinese e-commerce giant Alibaba has reportedly sold half of its position in India-based payments company Paytm.

Privacy concerns could lead US to ban TikTok from government devices

A spending bill unveiled by the US Congress could ban TikTok from most US government devices, Security Week has detailed.

UnionPay launches QR code payment in Europe through epay

Card payment network UnionPay has partnered with full-service payment provider epay to launch UnionPay’s QR code payment service in Europe.

What is the difference between onshore and offshore renminbi?

With China now being the world’s second largest economy, the renminbi has become a currency of great interest and value. What are the differences between onshore and offshore renminbi?

Chinese authorities introduce draft law on financial stability

Chinese authorities have unveiled a draft law on financial stability which has been open for public opinion since last week.

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