The European Chamber’s Financial Services Working Groups (Consumer Finance & Non-Banking Financial Institutions WG, Insurance WG and Banking & Securities WG,) are delighted to invite you to the Joint Working Group Meeting “Opening Up China's Financial Sectors” which is to take place on Wednesday 17 June 2020, 09:00-10:30 am CST.
Register online or email Charlotte Svensson at csvensson@europeanchamber.com.cn before 16 June, COB. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes. Only 25 seats are available offline for members in Beijing and Shanghai. Working Group Chairs and Vice Chairs are guaranteed seats should they wish to attend physically. If you need to attend the meeting offline, please indicate it when you register, seats will be allocated on a come-first-serve-first basis.
During 2019 and first half of 2020, European financial service providers operating in China saw some significant changes in their industries. Adhering to the decision of the central government to further expand the opening up of the Chinese financial sector, several policy measures have been promulgated and issued by relevant authorities (CBIRC, CSRC, PBOC, SAFE etc.). Removal of foreign ownership caps and easing on requirements for licenses provide foreign financial service providers with improved operational accessibility. Yet China has lot of further financial opening up to do.
At the same time, the US-China Phase I Trade Deal and the Covid-19 outbreak have made the first half of 2020 historic, and cased great uncertainty in the markets. If anything, the current pandemic crisis has brought to the surface the fact that the world is more interconnected than ever before.
At this meeting, Andrew Polk, Co-Founder and Partner, Trivium and Long Chen, Co-Founder and Partner, Plenum will present their understanding of the opening up of the Chinese financial sectors, and the great uncertainty seen in the first half of 2020. They will also offer their insight on how financial service providers can navigate the current hybrid regulatory environment.
Tentative Agenda
09.00 Welcome Remarks
09.15 Presentation by Andrew Polk, Co-Founder and Partner, Trivium
09.40 Presentation by Long Chen, Co-Founder and Partner, Plenum
10.00 Open Discussion and Q&A
10.30 Closing Remarks
For more information, please visit:
https://zoom.com.cn/