Advocacy Actions
Financial Services Working Group Submits Written Input to the NFRA
On 14th October, the Financial Services Working Group and all Sub-working groups submitted written input to the National Financial Regulatory Administration.
Read moreFinancial Services Working Group and Fashion and Leather Desk Provide Input on the Second Draft of the Revised Anti-Money Laundering Law
On 12th October, the Financial Services Working Group and the Fashion and Leather Desk provided feedback on the National People's Congress' Anti-Money Laundering Law (Second Revised Draft for Comments).
Read moreFinancial Services Working Group Submits Comments on NFRA Compliance Management Measures
On 10th September, the Financial Services Working Group submitted comments on the National Financial Regulatory Administration's (NFRA) Measures for Compliance Management of Financial Institutions (Draft for Comments).
Read moreMinistry of Commerce (MOFCOM) Roundtable with European Chamber Member Companies in Financial Sector
On 24th July, Mr Tang Song, the deputy director general of foreign investment department of MOFCOM visited the European Chamber Beijing office and had an exclusive roundtable with the Chamber financial-related member companies to understand issues, opinions and suggestions of financial enterprises on attracting foreign investment and opening up in this area.
Read moreParticipation in the Shanghai Vice Mayor Roundtable on Cross-border Data Transfer (CBDT)
On 13th June, Mr Hua Yuan, Vice Mayor of the Shanghai Municipal Government, hosted a roundtable with foreign chambers and companies to discuss the facilitation of cross-border data transfer (CBDT).
Read moreInsurance Sub-working Group meets with Shanghai Bureau of the National Financial Regulatory Administration
The Insurance Sub-working Group met with DDG Wang Xinze of the Shanghai Bureau of the National Financial Regulatory Administration. The Insurance Sub-working Group talked about the challenges of navigating regulatory complexity in international insurance, emphasising the need for consistency, mutual trust, and cooperation between local governments and companies.
Read moreFinancial Services Working Group Submits Written Feedback on the Follow-up of the High-level EU-China Working Group on Financial Regulation
On 5th June, the Financial Services Working Group, Banking and Securities Sub-WG, Non-banking Financial Institutions Sub-WG and Insurance Sub-WG submitted written input to the EU Delegation for the follow-up of the high-level EU-China Working Group on Financial Regulation.
Read moreRoundtable with the Ministry of Commerce Department of Treaty and Law, Division of World Trade
On 31st May, the European Chamber Shanghai Chapter received a delegation from the Division of World Trade of the Department of Treaty and Law of the Ministry of Commerce (MOFCOM) and held a roundtable discussing the challenges facing European companies in China in relation to the cross-border data transfer (CBDT).
Read moreFinancial Services Working Group Meets with the EU Delegation
On 29th April, the Financial Services Working Group (WG) met with Sabino Fornies Martinez, Minister Counsellor at the Delegation of the European Union to debrief on the outcomes of the high-level EU-China Financial Regulation Working Group.
Read moreBanking and Securities and Insurance Sub-working Groups Submit Comments on NFRA Measures for Data Security Management of Banking and Insurance Institutions
On 22nd April, the Banking and Securities and Insurance Sub-working Groups provided feedback on the National Financial Regulatory Administration (NFRA) Measures for Data Security Management of Banking and Insurance Institutions (Draft for Comments).
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