CBIRC

Xinhua Silk Road: Economic development, financial cooperation amid changes highlighted at Financial Street Forum 2022 annual conference

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星期三, 十一月 23, 2022
Central bank, Property Owned by the Central People's Government in the Hong Kong Special Administrative Region, Insurance, Conference, Xinhua News Agency, State Administration of Foreign Exchange, SAFE, CBIRC, CSRC, China Securities Regulatory Commission, PBOC, Annual conferences, Growth, China Banking and Insurance Regulatory Commission, Bank of China, Logic, Information services, Agriculture, Communist party, Solicitor General of India, Foreign exchange market, Economic development, News, Beijing Financial Street, Bank, CPC, Chinese, Renewable energy

BEIJING, Nov. 23, 2022 /PRNewswire/ --The Annual Conference of Financial Street Forum 2022 kicked off in Beijing on Monday with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes", attracted participants shared their views and insights regarding the conference theme.

Key Points: 
  • BEIJING, Nov. 23, 2022 /PRNewswire/ --The Annual Conference of Financial Street Forum 2022 kicked off in Beijing on Monday with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes", attracted participants shared their views and insights regarding the conference theme.
  • Yin Li, secretary of the Communist Party of China (CPC) Beijing Municipal Committee, said at the conference that, Beijing will continue to strengthen the development of the financial sector to inject impetus into the real economy, at the same time, Beijing is committed to deepening reform and innovation in the financial sector to promote a higher level of financial opening-up.
  • Fu Hua, president of Xinhua News Agency, said that Xinhua will be firmly committed to strengthening news coverage and relevant information services in China's financial sector to provide strong support for the healthy development of China's financial industry.
  • This year's forum is jointly organized by the People's Government of Beijing Municipality, the People's Bank of China, Xinhua News Agency, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission and the State Administration of Foreign Exchange.

Xinhua Silk Road: Economic development, financial cooperation amid changes highlighted at Financial Street Forum 2022 annual conference

Retrieved on: 
星期三, 十一月 23, 2022
Central bank, Property Owned by the Central People's Government in the Hong Kong Special Administrative Region, Insurance, Conference, Xinhua News Agency, State Administration of Foreign Exchange, SAFE, CBIRC, CSRC, China Securities Regulatory Commission, PBOC, Annual conferences, Growth, China Banking and Insurance Regulatory Commission, Bank of China, Logic, Information services, Agriculture, Communist party, Solicitor General of India, Foreign exchange market, Economic development, News, Multimedia, Beijing Financial Street, Bank, CPC, Chinese, Renewable energy

BEIJING, Nov. 22, 2022 /PRNewswire/ --The Annual Conference of Financial Street Forum 2022 kicked off in Beijing on Monday with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes", attracted participants shared their views and insights regarding the conference theme.

Key Points: 
  • BEIJING, Nov. 22, 2022 /PRNewswire/ --The Annual Conference of Financial Street Forum 2022 kicked off in Beijing on Monday with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes", attracted participants shared their views and insights regarding the conference theme.
  • Fu Hua, president of Xinhua News Agency, said that Xinhua will be firmly committed to strengthening news coverage and relevant information services in China's financial sector to provide strong support for the healthy development of China's financial industry.
  • This year's forum is jointly organized by the People's Government of Beijing Municipality, the People's Bank of China, Xinhua News Agency, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission and the State Administration of Foreign Exchange.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/xinhua-silk-road-economic-devel...

Ping An Asset Management: HSBC advised to carefully study proposals to improve operating performance and enhance value

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星期五, 十一月 4, 2022
CFO, AUM, Growth, HSBC, Comment, Industry, Mainland, CIR, Review, Ping'an, Attention, CEO, Commercial, Science and technology in Asia, Environment, Risk, Pressure, Rote, CBIRC, Calendar, Chief executive officer, Benchmarking, Communication, Efficiency, Management, Creative industries, Marketing, Drug, Tutoring, Risk management, Bank

Regarding generating good performance and long-term value, Ping An has publicly made a number of comments on HSBC's operating performance, spin-off, etc.

Key Points: 
  • Regarding generating good performance and long-term value, Ping An has publicly made a number of comments on HSBC's operating performance, spin-off, etc.
  • In 2002, HSBC became the largest shareholder of Ping An and gave us a lot of help.
  • Meanwhile, over the past decade, Ping An has also provided practical experience and support to HSBC in innovative areas such as fintech.
  • As one of the major shareholders of HSBC, what Ping An cares the most is for HSBC to improve its business performance, create and enhance its long-term value.

Ping An Asset Management: HSBC advised to carefully study proposals to improve operating performance and enhance value

Retrieved on: 
星期五, 十一月 4, 2022
CFO, AUM, Growth, HSBC, Comment, Multimedia, Industry, Mainland, CIR, Review, Ping'an, Attention, CEO, Commercial, Science and technology in Asia, Environment, Risk, Pressure, Rote, CBIRC, Calendar, Chief executive officer, Benchmarking, Communication, Efficiency, Management, Creative industries, Marketing, Drug, Tutoring, Risk management, Bank, Security (finance)

Regarding generating good performance and long-term value, Ping An has publicly made a number of comments on HSBC's operating performance, spin-off, etc.

Key Points: 
  • Regarding generating good performance and long-term value, Ping An has publicly made a number of comments on HSBC's operating performance, spin-off, etc.
  • In 2002, HSBC became the largest shareholder of Ping An and gave us a lot of help.
  • Meanwhile, over the past decade, Ping An has also provided practical experience and support to HSBC in innovative areas such as fintech.
  • As one of the major shareholders of HSBC, what Ping An cares the most is for HSBC to improve its business performance, create and enhance its long-term value.

Fosun: Foreign Media Reports about "Regulatory Authorities Asking Banks to Examine their Exposure to Fosun" are Completely False

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星期三, 九月 14, 2022
Happiness, Group, NAV, Virtual CFO, CFO, HK, Public opinion, Intelligence, China Banking and Insurance Regulatory Commission, CBIRC, Bank, Fosun International, Health

HONG KONG, Sept. 14, 2022 /PRNewswire/ -- In response to foreign media reports about "Chinese regulatory authorities asking banks and some of the state-owned companies to examine their exposure to Fosun" on 13 September, Fosun said such reports are completely false.

Key Points: 
  • HONG KONG, Sept. 14, 2022 /PRNewswire/ -- In response to foreign media reports about "Chinese regulatory authorities asking banks and some of the state-owned companies to examine their exposure to Fosun" on 13 September, Fosun said such reports are completely false.
  • It is understood that Fosun has sought confirmation from regulatory authorities through multiple channels.
  • The China Banking and Insurance Regulatory Commission (CBIRC) has not asked commercial banks to check about their financial exposure on Fosun, and many commercial banks that cooperate with Fosun have never received relevant notices.
  • According to the interim results announced on 30 August, Fosun's four major business segments of Health, Happiness, Wealth, and Intelligent Manufacturing demonstrated resilience.

China Life Insurance Company Limited - Change of President

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星期二, 八月 2, 2022
Agricultural Development Bank, Liability, China Life Insurance Company, Strategy, Tsinghua University, NYSE, Executive, Supervisory board, General manager, Board, Finance minister, Central University of Finance and Economics, CBIRC, CLIC, Economics, Agricultural Development Bank of China, China Banking and Insurance Regulatory Commission, SSE, Executive director, Company, Hunan University of Finance and Economics, LFC, Chinese Communist Party Committee Secretary, Central University, Asset, Management, Finance

View original content:https://www.prnewswire.com/news-releases/china-life-insurance-company-li...

Key Points: 
  • The Company would like to express its gratitude to Mr. Su Hengxuan for his contribution to the Company during his tenure of service.
  • The biographical details of Mr. Zhao Peng are set out below:
    Mr. Zhao Peng, born in April 1972, is a member of the Party Committee of China Life Insurance (Group) Company ("CLIC") and the Secretary to the Party Committee of the Company.
  • From 2017 to 2020, he successively served as an Assistant to the President and a Vice President of the Company, the Chief Financial Officer of CLIC and an Executive Director of the Company.
  • From 2019 to 2021, he also served as a Non-executive Director of Sino-Ocean Group Holding Limited and a Director of China Life Franklin Asset Management Company Limited.

Anti-Money Laundering Software Market Size to Reach USD 5.77 Billion in 2030 | Increasingly Stringent Government Regulations to Deploy AML Solutions is One of the Key Factors Driving Industry Demand, says Emergen Research

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星期四, 二月 24, 2022
Cloud, Risk, SAS Institute, FINRA, Compliance, Government, PLC, Method, BAE Systems, Personal protective equipment, COVID-19, AML, Artificial intelligence, China Banking and Insurance Regulatory Commission, Tata Consultancy Services, Suspicious Activity?, Experian, SAR, Nature, Suspicious activity report, Financial Industry Regulatory Authority, Adoption, AUSTRAC, Internet of things, USD, Finance, IOT, Corruption, KYC, Australian Transaction Reports and Analysis Centre, CaseWare International, Lung compliance, FIS (company), Oracle Corporation, CAGR, Fraud, Solution, ACI Worldwide, CBIRC, SAS Institute Inc v World Programming Ltd, Software, Cryptocurrency

Increasing need to monitor and report suspicious activity to financial regulatory authorities is one of the major factors expected to drive market revenue growth.

Key Points: 
  • Increasing need to monitor and report suspicious activity to financial regulatory authorities is one of the major factors expected to drive market revenue growth.
  • However, high initial cost associated with deployment of AML solutions is a major factor expected to hamper revenue growth.
  • Increasingly stringent government regulations to deploy AML solutions is a key factor driving revenue growth of the market.
  • Emergen Research has segmented global Anti-Money Laundering (AML) software market on the basis of component, deployment type, application, end-use, and region:

Anti-Money Laundering Software Market Size to Reach USD 5.77 Billion in 2030 | Increasingly Stringent Government Regulations to Deploy AML Solutions is One of the Key Factors Driving Industry Demand, says Emergen Research

Retrieved on: 
星期四, 二月 24, 2022
Cloud, Risk, SAS Institute, FINRA, Compliance, Government, PLC, Method, BAE Systems, Personal protective equipment, COVID-19, AML, Artificial intelligence, China Banking and Insurance Regulatory Commission, Tata Consultancy Services, Suspicious Activity?, Experian, SAR, Nature, Suspicious activity report, Financial Industry Regulatory Authority, Adoption, AUSTRAC, Internet of things, USD, Finance, IOT, Corruption, KYC, Australian Transaction Reports and Analysis Centre, CaseWare International, Lung compliance, FIS (company), Oracle Corporation, CAGR, Fraud, Solution, ACI Worldwide, CBIRC, SAS Institute Inc v World Programming Ltd, Software, Cryptocurrency

Increasing need to monitor and report suspicious activity to financial regulatory authorities is one of the major factors expected to drive market revenue growth.

Key Points: 
  • Increasing need to monitor and report suspicious activity to financial regulatory authorities is one of the major factors expected to drive market revenue growth.
  • However, high initial cost associated with deployment of AML solutions is a major factor expected to hamper revenue growth.
  • Increasingly stringent government regulations to deploy AML solutions is a key factor driving revenue growth of the market.
  • Emergen Research has segmented global Anti-Money Laundering (AML) software market on the basis of component, deployment type, application, end-use, and region:

Best’s Commentary: Changes to China’s Solvency Framework Credit Positive for Insurance Market

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星期三, 一月 5, 2022
Insurance, Professional Services, Agriculture, Insurance, Data, Aggression, AM Best, Compliance, CBIRC, Disease, News, Development, Risk, Pressure, ALL, Industry, Investment, Risk management

The Bests Commentary, Changes to Chinas Solvency Framework to be Credit Positive for Insurance Market, states that this recent revision to Chinas solvency regime should allow for greater transparency in risks and capital quality.

Key Points: 
  • The Bests Commentary, Changes to Chinas Solvency Framework to be Credit Positive for Insurance Market, states that this recent revision to Chinas solvency regime should allow for greater transparency in risks and capital quality.
  • Most insurance companies are likely to observe various degrees of decline immediately in solvency ratios, depending on their product mix, capital structure, and aggressiveness investment strategy.
  • Under the updated solvency regime, capital recognition has been tightened and the industry is expected to see a drop in admitted capital in solvency calculations.
  • AM Best is of the view that the industry is able to mitigate the solvency pressure, given its current strong solvency.

Opportunities and Risks in the Chinese Cards and Payments Market to 2024: Buy Now Pay Later Gaining Traction with Generation Z Consumers

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星期五, 十二月 31, 2021
Maiya, Generation Z, CUP, Payment, Generation, PBOC, CBIRC, Traction, Hangzhou, Quaternary, WeChat, American Express, Science and technology in Asia, Mastercard, Tencent, Government, Adoption, DigiTech Whammy, Industry, Bank, Express

The report provides detailed analysis of market trends in the Chinese cards and payments industry.

Key Points: 
  • The report provides detailed analysis of market trends in the Chinese cards and payments industry.
  • This report provides top-level market analysis, information and insights into the Chinese cards and payments industry, including -
    Current and forecast values for each market in the Chinese cards and payments industry, including debit, credit, and charge cards.
  • Analysis of various market drivers and regulations governing the Chinese cards and payments industry.
  • In February 2021, LexinFintech, a consumer finance platform, also announced the launch of its 'buy now pay later' service, Maiya, in China.