Tag: China Banking and Insurance Regulatory Commission

Capital and Risk, Insurance

China Revives Sale of Dajia Insurance, the Firm Created to Take Over Troubled Anbang

April 9, 2021

Via: Insurance Journal

China is reviving a sale of Dajia Insurance Group Co., the company that took over most of the operations of troubled Anbang Insurance Group Co., as the government seeks to turn the firm over to private investors, according to people […]

Activity, Insurance, Regulations

China Regulator Pledges Continued Backing of Hong Kong as Financial Center

August 24, 2020

Via: Insurance Journal

China’s banking regulator pledged its backing for Hong Kong as a finance hub and reiterated a commitment to opening up the Chinese financial sector amid a deepening standoff with the U.S. China will provide support for its financial institutions doing […]


Chinese regulator opens market access for foreign banks

January 6, 2020

Via: Banking Technology

Following a period surveying the industry, the regulator has published new measures which cancel the total asset requirement for foreign banks aiming to set up in China. It will also relax limits on shareholders of joint ventures in the country. […]