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Items tagged with "PBOC"

China’s central bank publishes three-year fintech plan

The People’s Bank of China (PBOC) has released its Fintech Development Plan for 2022-2025, which seeks to guide the development of fintech and the digital transformation of finance.

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China to launch “new era” fintech development plan

A senior official from the People’s Bank of China has spoken of the imminent release of a new fintech plan, aiming to guide the stable development of the sector and accelerate digital transformation.

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New reporting requirements for Chinese non-bank payment platforms

The People’s Bank of China (PBOC) has introduced new disclosure requirements for non-bank payment platforms around the reporting of major events or changes, which will come into effect at the start of September.

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Push for LEI adoption to expedite China’s digitisation

The Deputy Governor of the People’s Bank of China (PBOC) has called for greater use of Legal Entity Identifiers (LEIs) as a key part of the digitisation of financial operations in China.

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China plans mandatory climate disclosures in green transformation drive

Yi Gang, Governor of the People’s Bank of China (PBOC), has promised ambitious new climate disclosure requirements and international collaboration as part of efforts to drive a ‘green transformation’ of Chinese banking.

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China suggests global rules for official digital currencies

The People’s Bank of China (PBOC) has proposed a set of global rules for central bank digital currencies (CBDCs), covering how they can be used around the world as well as monitoring and information sharing.

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