PoliticsEconomy
US Regulators Warn Banks on Lending to Those in US Illegally
Federal banking regulators warned that lending to immigrants in the US illegally poses elevated credit risk amid Trump's immigration crackdown.
—5 min read
Tag
#Financial Regulation
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Consumer ProtectionEconomy
Belgium Bans Klarna and BNPL Services for Minors
Belgium bans Klarna and buy now, pay later apps for minors, closing a regulatory loophole and transposing the EU Consumer Credit Directive II.
—4 min read
FinanceConsumer Protection
Belgium Warns Against Five Suspicious Investment Firms
Belgium's FSMA warns consumers against five unauthorized investment companies offering fraudulent opportunities in wine, energy, and real estate.
—4 min read
Economy & Finance
China Audit Reprimands Major Banks Over Tech Loan Failures
China's top auditor reprimanded ICBC, CCB, Bocom and CITIC Bank for mismanaging billions in tech loans, revealing systemic failures in innovation lending.
—5 min read
PoliticsLegal
China Submits Landmark Financial Law and Procurement Reform
China's Financial Law draft and Government Procurement Law revision were submitted to the NPC for first review, marking a milestone in governance reform.
—6 min read
FinanceTechnology
China Issues AI Security Rules for Banking and Insurance
China's NFRA releases first comprehensive AI security guidelines for banking and insurance, with 32 provisions on governance, data, and risk management.
—4 min read
FinanceEconomy
China Tightens Mutual Fund Rules to Curb Style Drift
China's AMAC releases four new mutual fund regulations targeting style drift, investor suitability, and public-private fund conflicts.
—5 min read
Economy & Finance
PBOC Unveils Rules for Large-Value Certificates of Deposit
China's central bank unveils draft rules for large-value CDs, codifying a 200,000 RMB minimum and adding new pricing benchmarks to strengthen oversight.
—5 min read
EconomyFinance
China Halts Data-Backed Securities to Curb Debt Arbitrage
Chinese regulators suspend data-asset ABS amid concerns that local governments are using innovative financing to disguise debt and bypass borrowing limits.
—5 min read
Economy & Finance
China Tightens Oversight of $3.4 Trillion Fund Sector
China's State Council tightens oversight of the $3.4 trillion private fund industry, targeting illegal fundraising and systemic risks.
—4 min read
FinancePolitics
Ding Xiangqun: First Woman to Lead China's Top Regulator
Ding Xiangqun becomes the first woman to lead China's National Financial Regulatory Administration amid an anti-corruption drive.
—4 min read
PoliticsLegislation
China's NPC Unveils 2026 Legislative Agenda With 34 Bills
China's NPC announces 34 bills for 2026 review, including financial reform laws, criminal procedure revisions, and a new anti-corruption law.
—4 min read