National Financial Regulatory Administration (China)
   HOME





National Financial Regulatory Administration (China)
The National Financial Regulatory Administration (NFRA) is a regulatory agency, under the State Council of the People's Republic of China. It is responsible for overseeing the financial sector (including banking and insurance) in China, except China Securities Regulatory Commission, securities. History The NFRA was established on 10 March 2023 to replace the China Banking and Insurance Regulatory Commission (CBIRC) as part of the plan on reforming Party and state institutions, 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, Chinese Communist Party committee secretary of the NFRA. On May 19, 2023, Li was appointed as the director of the NFRA. Responsibilities The NFRA oversees regulatory supervision, including the enforcement of financial laws and regulations, of nearly all parts of the financial industry except sec ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

National Emblem Of China
The National Emblem of the People's Republic of China is a national symbol of the China, People's Republic of China and contains in a red circle a representation of Tiananmen, Tiananmen Gate, the entrance gate to the Forbidden City chinese palace, imperial palace complex of the Ming Dynasty, Ming and Qing Dynasty, Qing Dynasties, where Mao Zedong declared the foundation of the People's Republic of China (PRC) in 1949. Above this representation are the five stars found on the flag of China, national flag. The largest star represents the Chinese Communist Party (CCP), while the four smaller stars represent the four revolutionary social classes as defined in Maoism. The emblem is described as being "composed of patterns of the national flag":Description of the National Emblem from Chinese Go ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

South China Morning Post
The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained Hong Kong's newspaper of record since British colonial rule. Editor-in-chief Tammy Tam succeeded Wang Xiangwei in 2016. The ''SCMP'' prints paper editions in Hong Kong and operates an online news website that is blocked in mainland China. The newspaper's circulation has been relatively stable for years—the average daily circulation stood at 100,000 in 2016. In a 2019 survey by the Chinese University of Hong Kong, the ''SCMP'' was regarded relatively as the most credible paid newspaper in Hong Kong. The ''SCMP'' was owned by Rupert Murdoch's News Corporation from 1986 until it was acquired by Malaysian real estate tycoon Robert Kuok in 1993. On 5 April 2016, Alibaba Group acquired the media properties of the SCMP Group, including ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Government Agencies Of China
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent for ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Financial Regulatory Authorities Of China
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pr ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

2023 Establishments In China
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious and cultural significance in many societies. Evolution of the Arabic digit The use of three lines to denote the number 3 occurred in many writing systems, including some (like Roman and Chinese numerals) that are still in use. That was also the original representation of 3 in the Brahmic (Indian) numerical notation, its earliest forms aligned vertically. However, during the Gupta Empire the sign was modified by the addition of a curve on each line. The Nāgarī script rotated the lines clockwise, so they appeared horizontally, and ended each line with a short downward stroke on the right. In cursive script, the three strokes were eventually connected to form a glyph resembling a with an additional stroke at the bottom: ३. The Indian digits spread to the Caliphate in the 9th c ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


List Of Financial Regulatory Authorities By Jurisdiction
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services. Financial intelligence units and policy banks are not listed, unless they also have a financial supervisory mandate. List of current authorities Authorities by sovereign states Others authorities by sovereign states and dependencies Extinct financial regulatory authorities Only those former authorities with a dedicated Wikipedia article are listed here. * Belgian Banking Commission (1935–2011) * (SBIF, 1925–2019), (SAFP, 1980–2008) and (SVS, 1980–2018) * China Banking Regulatory Commission (2003–2018), China Insurance Regulatory Commission (2003–2018), China Banking and Insurance Regulatory Commission (2018–2023), and Financial Stability and Development Committee ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Central Financial Commission
The Central Financial Commission (CFC) is a commission of the Central Committee of the Chinese Communist Party (CCP) that supervises and manage the Chinese financial system. History The CFC was established in 2023 under CCP general secretary Xi Jinping as part of the plan on reforming Party and state institutions, together with the Central Financial Work Commission. According to Chinese state media, the new body would strengthen the CCP's "centralized and unified leadership over financial work". The CFC oversaw the dissolution of the Financial Stability and Development Committee (FSDC), a State Council body established in 2017, with FSDC's office being absorbed into the CFC. The CFC began operations in late September. The CFC Office has drawn personnel from other financial institutions such as the People’s Bank of China, the Ministry of Finance, and the National Development and Reform Commission. Functions The CFC's role is to broadly oversee the country's financial sys ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Asia Society
The Asia Society is a 501(c)(3) organization that focuses on educating the world about Asia. It has several centers in the United States (Manhattan, Washington, D.C., Houston, Los Angeles, San Francisco and Seattle) and around the world (Hong Kong, Manila, Seoul, Melbourne, Sydney, Tokyo, Mumbai, Delhi, Paris and Zurich). The Society's headquarters are in New York City, and includes a museum that exhibits pre-modern, modern, and contemporary art from Asia, Oceania and the Asian diaspora. Asia Society also publishes an online magazine, ''ChinaFile''. In January 2024, Kang Kyung-wha, Kyung-wha Kang, who served as the first female Minister of Foreign Affairs of South Korea, from 2017 to 2021, was named its president and CEO, effective in April 2024. Asia Society has been described as a participant in the Chinese Communist Party's "backchannel" diplomatic efforts. History The Asia Society was founded in 1956 by John D. Rockefeller III, John D. Rockefeller 3rd. In 1974, Rockefeller ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


China Banking And Insurance Regulatory Commission
The China Banking and Insurance Regulatory Commission (CBIRC) was an agency of the State Council of China authorised to * Supervise the establishment and ongoing business activities of banking and insurance institutions. * Take enforcement actions against regulatory violations. The commission was replaced by the newly formed National Financial Regulatory Administration in May 2023. History The CBIRC was established in April 2018 as part of the deepening the reform of the Party and state institutions by a merger of China's banking and insurance regulators, namely, the China Banking Regulatory Commission (CBRC) and China Insurance Regulatory Commission (CIRC). It supervised and managed China's banking and insurance sectors, participated in the drafting of legislation and regulation relevant to those sectors, performed supervisory and management functions in those sectors, and conducting studies on the management of those sectors. As a result of these functions, it was also inv ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]