Advocacy Actions
Lobby Letter Submitted to the People's Bank of China (PBoC) on the Draft Regulation on Local Financial Supervision and Administration of Local Financial Organisations
On 21st January, the European Chamber’s Banking & Securities working group and Non-Banking Financial Institutions (NBFI) working group sent a joint letter to the People’s Bank of China (PBoC) International Cooperation Department to follow up to a meeting held between Banking & Securities working group's representatives and People’s Bank of China officials on 14th January. A lobby letter with comments on PBOC’s draft regulation on local financial supervision and administration of local financial organisations by the NBFI working group was attached to the thank you letter.
Read moreBanking and Securities WG meeting with PBoC online
On January 14th, the representatives of Banking and Securities Working Group, representatives of European Chamber had a meeting with PBoC online. The two sides had an open discussion on a series of topics, covering foreign banks' eligibility of applying green financing facility in China, parameter adjustments of macro-prudential framework, non-renew issues of QCCP status between ESMA and Shanghai Clearing House and the possibility of the official launch of Derivatives Act.
Read moreMeeting with PBOC - China Financial Standardisation Technical Committee (CFSTC)
The China Financial Standardization Technical Committee (CFSTC, SAC/TC 180) is a technical organization authorized by the Standardization Administration of the P. R. C. (SAC). CFSTC is a technical organization engaged in nationwide standardization in the financial sector and is responsible for the centralized management of standardization technology in the financial industry and for domestic work related to ISO/TC 68 and ISO/TC 222. The Standardization Administration of the P. R. C. has entrusted The People’s Bank of China to lead and manage China Financial Standardization Technical Committee. There are three sub-committees affiliated to CFSTC covering securities, insurance, and printing standardization, respectively.
Read moreFinancial Services PP Presentation for CBIRC
On Thursday 10th December, the three Working Group Chairs of Banking & Securities WG, Insurance WG and Non-banking Financial Institutions WG presented their WG’s respective Position Paper to working level officials of the China Banking & Insurance Regulatory Committee.
Read moreEuropean Chamber Shanghai Chapter Zhejiang Government Dialogue on Fintech
European Chamber Shanghai Chapter Zhejiang Government Dialogue on Fintech
Read moreComments to the National People's Congress Standing Committee on the Personal Information Protection Law (Draft for Comments)
On 19th November, the European Chamber working groups submitted comments on the Personal Information Protection Law (draft) to the National People's Congress Standing Committee.
Read moreMeeting with the European Banking Federation (EBF)
On November 16 at 4 pm China time, the Banking & Securities Working Group of the European Chamber and the European Banking Federation (EBF) have a small working level meeting to discuss practically the next steps in further cooperation (meetings planned, topics to be discussed, people to be involved, etc.).
Read moreEuropean Chamber representatives meet European Council President Charles Michel
On 13th November, a group of senior representatives from the European Chamber led by President Joerg Wuttke met with European Council President Charles Michel.
Read moreMeeting with the European Banking Federation (EBF)
On November 5, at 4.15 pm, several representatives from the Banking & Securities Working Group of the European Chamber met key representatives from the European Banking Federation (EBF) as well as one representative from the European Commission to discuss the next steps in their cooperation.
Read moreLunch meeting with representative from the Asia Securities Industry & Financial Markets Association (ASIFMA)
Mr. Pablo Galvez (Banking & Securities Working Group Coordinator), Mr. Clement Lecroart (key Position Paper contributor and Chief of Staff at Credit Agricole), Mr. Yujiang Wang (Key Position Paper contributor and Chief of Staff at BNP Paribas) sit down with Mr. Lyndon Chao, Managing Director at Asia Securities Industry & Financial Markets Association (ASIFMA) Equities, Post Trade and China Capital Markets, to discuss whether there are common issues between both organisations in terms of lobbying to the different banking regulators.
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