国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Finance

Pilot firms for new financial holding rules include heavy-hitters

By Zhu Lingqing | chinadaily.com.cn | Updated: 2018-05-23 14:11
Share
Share - WeChat
A mascot of Ant Financial is seen at its office in Hangzhou, Zhejiang province, September 21, 2016. [Photo/Agencies]

The first batch of pilot firms subject to new rules drafted by Chinese financial regulators on financial holding companies includes Alibaba's Ant Financial Services Group, Citic Group and China Everbright Group, Bloomberg reported.

The new regulation requires financial holding firms to obtain licenses from the People's Bank of China — the central bank — to conduct business, and meet minimum capital requirements for the first time according to people familiar with the draft rules, who asked not to be identified a discussing private information, the report said.

However, specifics on capital adequacy requirements were not provided.

The new rules, which need approval from China's State Council and could be issued and implemented this year, may also place restrictions on the companies' ownership structures and inter-group transactions, according to the report.

The shareholding structures of many big financial holding companies are complex and opaque, according to a previous report by China Daily.

In addition, Chinese financial regulators have been concerned about risky and opaque practices of financial holding companies, such as excessive borrowing and high capital leverage, as they could lead to wider systemic financial risks that could hurt the overall economy.

In March, former central bank governor Zhou Xiaochuan warned of rising risks associated with financial holding companies, pointing out some business groups have formed financial holding companies to control multiple financial institutions and to conduct business across different sectors, the report said.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
宁强县| 平山县| 盐源县| 海淀区| 陈巴尔虎旗| 平果县| 博白县| 泰安市| 武强县| 新闻| 遵义市| 海口市| 渑池县| 化德县| 禄丰县| 武夷山市| 珲春市| 青河县| 荆门市| 武乡县| 璧山县| 台州市| 砚山县| 霍邱县| 延长县| 仙居县| 道孚县| 青冈县| 钟山县| 卢龙县| 宣城市| 廉江市| 玛多县| 兰西县| 治县。| 泾阳县| 卢龙县| 五河县| 西平县| 黑水县| 麻栗坡县|