Advocacy Actions
European Chamber Financial Services Working Groups Meet with the National Financial Registration Administration
On 13th March, European Chamber Vice President Bruno Weill and representatives from the Banking and Securities, Non-Banking Financial Institutions, and Insurance Working Groups met with representatives from the National Financial Regulatory Administration (NFRA).
Read moreEuropean Chamber Vice-President Bruno Weill Meets with Representatives from the European Commission, DG FISMA and the European Banking Federation
On 22nd February, EUCCC Vice President Bruno Weill met with representatives from the European Commission, DG FISMA and the European Banking Federation to discuss the impact of Chinese legislation on the EU Financial Industry.
Read moreFinancial Services Working Groups Meeting with Delegation of the European Union to China
On 7th February, representatives from the Financial Services Working Groups met with representatives from the Delegation of the European Union to China to discuss the upcoming high-level EU-China Working Group on Financial Regulation.
Read moreMeeting with Representatives from DG Trade and DG FISMA on Cross-Border Data Transfer Issues in the Non-Banking FI and Insurance Sectors
On 23 January, representatives from the European Chamber Non-Banking Financial Institutions and Insurance Working Groups had an exchange on the issues companies in the financial services sector face in relation to cross-border data transfer.
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.
Read moreMeeting with Department of Foreign Investment of Ministry of Commerce (MOFCOM)
On 14th April, the European Chamber led a delegation of representatives from six working groups (WG) to meet with the Department of Foreign Investment of the Ministry of Commerce (MOFCOM).
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