is formed on the basis of the former China Banking and Insurance Regulatory Commission. The establishment of the new regulator is expected to strengthen and improve the country's financial regulation, and tackle some of the long-standing and p...
Currently, oversight of the financial sector is divided between the banking and insurance regulator, the securities commission and People’s Bank of China. As well as banking and insurance, the CRIRC had responsibility for securities and monetary policy. The banking and insurance sectors have outgrow...
BEIJING, May 18 (Xinhua) -- The National Administration of Financial Regulation (NAFR) was officially set up on Thursday as China's new financial regulator, marking an important step in the country's institutional reform on financial supervision. The NAFR, directly under the State Council, is ...
according to the country's financial regulator and Shanghai municipal government during the forum. Meanwhile, the local arm of the China Banking and Insurance Regulatory Commission and the financial regulatory administration revealed a document of 22 measures to be taken to promote the city to become...
China on Thursday officially launched the international reinsurance board in Shanghai, according to the country's financial regulator and Shanghai municipal government during the forum. Meanwhile, the local arm of the China Banking and Insurance Regulatory Commission and the financial regulatory administrat...
Vice-Premier He Lifeng, central bank governor Yi Gang, China Securities Regulatory Commission Chairman Yi Huiman, and the Party chief of the new financial regulator, Li Yunze, attended the opening ceremony. "We will do our utmost to tackle three major tasks - serving the real economy, managing...
BEIJING, May 18 (TiPost) — China's new national financial regulator the National Administration of Financial Regulation (NAFR) held its opening ceremony on Thursday, ending the operations of the China Banking and Insurance Regulatory Commission (CBIRC). ...
Vice-Premier He Lifeng, central bank governor Yi Gang, China Securities Regulatory Commission Chairman Yi Huiman, and the Party chief of the new financial regulator, Li Yunze, attended the opening ceremony. "We will do our utmost to tackle three major tasks - serving the real economy, managing...
China on Thursday officially launched the international reinsurance board in Shanghai, according to the country's financial regulator and Shanghai municipal government during the forum. Meanwhile, the local arm of the China Banking and Insurance Regulatory Commission and the financial regulatory administrat...
Vice-Premier He Lifeng, central bank governor Yi Gang, China Securities Regulatory Commission Chairman Yi Huiman, and the Party chief of the new financial regulator, Li Yunze, attended the opening ceremony. "We will do our utmost to tackle three major tasks - serving the real economy, managing...