On January 10, 2025, the Ministry of Finance of the People's Republic of China's 7-year (renewal) government bond weighted win the bidding yield 1.5339%, the marginal win the bidding yield 1.5568%, and the bid multiple 3.34. The Ministry of Finance of the People's Republic of China's 2-year (renewal) government bond weighted win the bidding yield 1.1626%, the marginal win the bidding yield 1.2157%, and the bid multiple 3.79.
On December 3rd, the reporter learned from the industry on December 3rd that in order to strengthen the risk management capabilities of the securities company group, maintain the stable operation of the securities company, prevent cross-border cross-industry contagion of financial risks, and promote the high-quality development of the industry, the Securities Association of China has drafted the "Guidelines for the Management of the Consolidation of Securities Companies (Trial) " in accordance w...
The Ministry of Finance has publicly solicited opinions on the Measures for the Supervision and Administration of the Evaluation of State-owned Assets of Financial Institutions Groups.
On November 6th, the document plans to stipulate that by 2027, the scale of the new energy storage manufacturing industry and downstream demand will basically match, and 3-5 eco-leading enterprises with a scale of more than 100 billion yuan will be cultivated.
The Dutch government has sought public comment on a proposed law that would require crypto service providers, such as exchanges, to collect and share user data with local tax authorities to comply with European Union regulations. The Dutch Ministry of Finance said in a press release on October 24: "The purpose of the bill is to increase the transparency of cryptocurrency ownership in order to prevent tax avoidance and evasion." Under the new law, tax authorities will share data collected by serv...
On October 10, the Ministry of Justice and the National Development and Reform Commission published the "Private Economy Promotion Law of the People's Republic of China (Draft exposure draft) " on the portal website for public comment. The draft mainly emphasizes the principle of promoting the development of the private economy, ensuring the correct political direction of the development of the private economy, and making it clear that promoting the sustainable, healthy and high-quality developm...
On September 18th, the China Certified Public Accountants Association recently issued the "China Certified Public Accountant Independence Standard No. 1 - Requirements for Independence in Financial Statement Auditing and Review Business (exposure draft) " for public comment. This revision strengthens the relevant provisions on fees. First, it is clear that accounting firms shall not affect audit fees because they provide audit clients with services other than audit. Second, it strengthens the re...
The "artificial intelligence generated synthetic content labeling method (exposure draft) " is open for comment.
The Supreme People's Court has determined the major judicial research projects in 2024 and issued the invitation tenders announcement for major judicial research projects in 2024 on the basis of the official account announcement for extensive solicitation of opinions and full demonstration, among which the key funding projects include the research on the disposal of virtual currencies involved, the research on judicial issues related to digital economy, and the research on judicial responses to ...
To solicit opinions on the decision of the Central Committee of the Communist Party of China on further comprehensively deepening reform and promoting the Chinese path to modernization, the Central Committee of the Communist Party of China held a symposium for people outside the Party, and Xi Jinping presided over and delivered an important speech.
On July 16, according to the "Futures and Derivatives Law of the People's Republic of China", "Regulations on the Administration of Futures Trading", "Measures for the Administration of Futures Exchanges" and other relevant laws, regulations and rules, the Shanghai Futures Exchange has drafted the "Shanghai Futures Exchange Lead Futures Options Contract (exposure draft) ", "Shanghai Futures Exchange Nickel Futures Options Contract (exposure draft) ", "Shanghai Futures Exchange Tin Futures Option...
Gold Ten Futures, July 11, according to the "Futures and Derivatives Law of the People's Republic of China", "Regulations on the Administration of Futures Trading", "Measures for the Administration of Futures Exchanges" and other relevant laws, regulations and rules, the Zhengzhou Commodity Exchange Bottle Chip Futures Contract (exposure draft) and the "Zhengzhou Commodity Exchange Bottle Grade Polyester Chip Futures Business Rules (exposure draft) " are hereby announced. All parties in the mark...
On July 9th, the China Securities Association organized the drafting of the "exposure draft" (hereinafter referred to as the "exposure draft"), and recently solicited the opinions of securities firms. It is understood that the main text of the "exposure draft" consists of six chapters and 25 articles, mainly including interpretation, procedural trading report, trading behavior management, high-frequency trading management, breach of contract liability, supplementary provisions, etc., to stipulat...
The US government is offering a reward of $5 million for leads leading to the arrest of OneCoin founder Ruja Ignatova, a self-proclaimed "crypto queen" who disappeared in Athens in 2017. Ruja Ignatova will be prosecuted in absentia for her involvement in a crypto Ponzi scheme that stole around $4 billion from global investors between 2014 and the collapse of early 2017.