Advocacy Actions
Lobby Letter Submitted to the China Banking and Insurance Regulatory Commission (CBIRC) on the Growth Challenges of Three Financial Working Groups
On 11st July, the European Chamber’s Banking & Securities working group, Insurance working group and Non-Banking Financial Institutions (NBFI) working group sent a joint letter to the China Banking and Insurance Regulatory Commission (CBIRC) on the Growth Challenges foreign financial institutes come cross in China. The bilingual letter, starting with a cover letter co-signed with European Banking Federation, is 20-pages long, listing 4 issues from banks and 2 issues from leasing companies.
Read moreWG meeting: Understanding the European and Chinese updated standardisation strategies
On 24th May, the European Chamber organised a Working Group meeting on the EU and Chinese standardisation strategies.
Read moreMarket Access Team meeting for Financial Services
On 20th May 2022, a group of European Chamber representatives joined a Market Access Team meeting on financial services organised by the EU Delegation.
Read moreMeeting with Sports Equipment Centre
On 8th April, representative from the Sports Equipment Centre of the General Administration of Sports, Foreign Trade Development Centre of the Ministry of Commerce and Urban Culture Development Research Institute, China Architectural Culture Research Association, Ministry of culture and Tourism (UCDRI) visited the European Chamber.
Read moreEuropean Chamber members meet with the Director-General of the European Commission's DG FISMA
On the 21st March, a group of senior representatives from the financial services Working Groups led by President Joerg Wuttke met with Director-General of DG FISMA, John Berrigan.
Read moreEuropean Chamber financial services chairs join Shanghai Trade Counsellors Meeting
On Friday 17th December, the financial services working groups chairs joined Shanghai Trade Counsellors Meeting to give an overview of the developments in the financial sector over the year 2021
Read moreMarket Access Team meeting for Financial Services
On 15th October 2021, a group of European Chamber representatives joined a Market Access Team meeting on financial services organised by the EU Delegation.
Read moreEuropean Chamber Delegation Met with Shandong Officials
On 14th October, the European Chamber delegation led by Vice President Guido Giacconi met with representative of the Shan Dong officials.
Read moreSubmitted comments to the People's Bank of China on the Anti-money Laundering Law (Revised Draft for Comment)
The working groups suggested to clarify roles and responsibilities, including for units and individuals. Other suggestions include narrowing the scope of the confidentiality obligation of the new law, make clear the name and specific supervision mode of the state anti-money laundering administrative department and to clarify the specific treatment methods of domestic foreign-funded institutions, that is, whether the existing unified anti money laundering compliance system of overseas parent banks can be used.
Read moreRoundtable with DG Mu Changchun of the PBOC's Digital Currency Institute
The discussion centered on onshore and offshore usage of the E-CNY. DG Mu updated members on the roll out of the E-CNY and assessment of the pilot project ahead of the Beijing Winter Olympics 2022. He also detailed a little bit on regulation and standards required for the E-CNY. Other topics briefly discussed included bank deposits and digital regulation.
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