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China's first Securities Law was passed December 1998, and became effective July 1, 1999. The nation's first comprehensive securities legislation, it grants CSRC "authority to implement a centralized and unified regulation of the nationwide securities market in order to ensure their lawful operation". [7]
Wu Qing, a banking veteran and most recently the deputy party secretary of Shanghai, was named as chairman and party secretary of the China Securities Regulatory Commission (CSRC), replacing Yi ...
The NFRA was established on 10 March 2023 to replace the China Banking and Insurance Regulatory Commission (CBIRC), also taking over some roles from the People's Bank of China (PBC) and the China Securities Regulatory Commission (CSRC). On May 10, 2023, Li Yunze was appointed as the Chinese Communist Party committee secretary of the NFRA. [1]
China replaced the head of its market watchdog Wednesday in an apparent attempt to restore confidence in financial markets following a prolonged downturn. Official media said Wu Qing, a former ...
In People's Republic of China, QDII allows investors to invest in foreign securities markets via certain fund management institutions, insurance companies, securities companies and other assets management institutions which have been approved by China Securities Regulatory Commission ("CSRC").
China's securities watchdog officially has unveiled the time frame for abolishing foreign ownership restrictions on futures, securities and fund management companies, the latest sign that Beijing ...
The China Securities Investor Protection Fund Corporation Limited (SIPF) is a wholly state-owned corporation under the authority of the China Securities Regulatory Commission (CSRC). It was established on 30 August 2005. [1]
have stable finance, good credibility, meet the minimum asset scale set by China Securities Regulatory Commission (CSRC); the number of staffs meet the requirement set by the authority in its own country or area; has healthy governing structure and complete internal control system, received no significant punishment in the last 3 years;