Archives of content related to financial regulatory policies.
Federal Reserve Chair Kevin Warsh completed his debut on June 17, with the decision to hold rates steady meeting market expectations. Dovish language was removed from the statement, and half of the officials believe that a rate hike will still be needed in 2026.
On September 22, a netizen studying in the US posted that his mother's cross-border remittance of living expenses was intercepted by the bank according to the "Anti‑Telecom Network Fraud Law" and the anti‑fraud center's requirements, with transaction failure code 10036784. He had returned to China to deal with the bank, but after more than a month it remains unresolved; because the living expenses have not arrived, he cannot pay the rent and faces moving out of the apartment.
On September 17, a netizen in Hangzhou posted that after purchasing Hema shopping cards, police took protective payment-stopping measures, resulting in all of their bank cards being restricted. Even after the party involved cooperated with the police for verification, the account remained unfrozen, causing difficulties in daily life. Bank staff suggested switching to WeChat or Alipay balances, stating that using cards directly makes them prone to being frozen.
On September 15, Xiaohongshu released the "Community Financial Ecological Charter", prohibiting malicious bearish calls, illegal stock recommendations and other behaviors. The platform disclosed that since the beginning of the year, it has dealt with over 1.01 million violating notes, 157,000 violating accounts, and more than 4.77 million violating comments, and pledged to strengthen algorithmic self-discipline to curb extreme market sentiment.
On September 14, the State Council (State-owned Assets Supervision and Administration Commission) stated at a State Council Information Office policy briefing that central enterprises will take the lead in raising funds and ensuring timely payment. It required large enterprises to compress the maximum payment period for small and medium-sized enterprises to within 60 days, strictly prohibited issuing new bills with a term of more than 6 months, and called for joint interviews and rectifications targeting large enterprises that intentionally prolong account periods.
On September 9, according to The Information, after the China Securities Regulatory Commission (CSRC) raised the listing threshold for humanoid robot companies through non-public window guidance, related companies must prove they can form sustainable revenue, are narrowing losses, or possess genuine technological innovation to go public. This policy shift is related to the financing frenzy in the primary market and the drastic stock price fluctuations after the listing of Unitree Robotics.
On September 9, the SSE issued a regulatory letter to Xingyu Shares and its actual controller, without disclosing specific details.
A dry bulk carrier named Ocean Melody at Qingdao Beihai Shipyard caught fire during repairs. The blaze was extinguished after about three hours. There were 42 people on board; 12 were safely evacuated, officials said 25 missing persons showed no signs of life, and 5 were injured and taken to hospital. The vessel, built in 2006, is 190 m long with a deadweight of about 55,000 tonnes. At the time of the incident it was registered under Liberia, but the owner is Hui Li Shipping Co., Ltd., and the ship management company is Shanghai Yuyang Kunpeng Ship Management Co., Ltd. The ship arrived at Beihai Shipyard for repairs on August 31; it had previously been detained in Australia for fire safety defects such as emergency fire pumps, CO₂ system remote valves, and engine room fire dampers, and the issues were rectified.
The US Treasury Department sanctioned Turkey's Golden Global Bank and its subsidiaries, accusing them of providing money laundering and correspondent banking services for oil trade between the Iranian Revolutionary Guard and the Chinese Communist Party, cutting off Iran's financial lifeline in Turkey.
The day after Fang Xinghai was reported, Liang Wenfeng notified potential investors for the second round of financing to pause, with the valuation for the relevant round approaching $70 billion.
On July 24, 2026, China's Ministry of Finance and the State Taxation Administration issued an announcement requiring individual residents to pay a 20% personal income tax on assets transferred into offshore trusts and the income generated during their existence, with a 90-day transition period.
Fang Xinghai was reported to be under investigation on July 24 and was subsequently taken away by the CCDI. The program stated that he had long been responsible for matters such as capital markets, cross-border funds, and wealth management.
Former Deputy Minister of State Security Li Qian has taken office as the leader of the Central Commission for Discipline Inspection (CCDI) and National Supervisory Commission (NSC) discipline inspection and supervision team stationed at the Ministry of Foreign Affairs, officially entering the Ministry's headquarters to audit accounts.
The Central Military Commission held a collective study session, but the top commander was absent. Taking advantage of this, Zhang Shengmin summoned key generals holding real power in the capital garrison to the August 1 Building to carry out Beidaihe duty assignments.
Quan Shunji, president of the China Asian Economic Development Association under the Ministry of Foreign Affairs, is under investigation, which is seen as the first step by the Central Commission for Discipline Inspection to launch peripheral investigations into the Ministry of Foreign Affairs system.