Following the Credit-Suisse-UBS merger, these measures include strengthening the G-SIB recovery and resolution framework and reinforcing the supervisory framework, invention powers and resources accorded to FINMA
BEIJING, Feb. 6, 2024 /PRNewswire/ — At the start of 2024, China’s opening-up push made a distinctive stride in the financial sector. On January 25, UK-based multinational bank Standard Chartered was approved to set up business in Hefei, East China’s Anhui Province. Days before, Chinese authorities said that 10 more foreign-funded institutions had been approved as […]