KEY CHINA REGULATION TIMELINE
CHINA
The data included in these materials are for illustrative purposes only. ©2016 Bloomberg L.P. All rights reserved. S661875390 0216
KEY CHINA REGULATION TIMELINE
KEY CHINA REGULATION TIMELINE 20 12
JAN
FEB
MAR
APR
MAY
JUN
CNY trading band widens from 0.5% to 1% around the central parity rate
Shanghai Free Trade Zone (FTZ) officially launches. It is the first free-trade zone in Mainland China to "meet international standards for the facilitation of trade and investment, currency convertibility, effective and convenient regulation as well as a standardised legal environment”
JUL
AUG
SEP
OCT
NOV
DEC
The 12th Five Year Plan for the financial sector introduces a road map for financial development and reforms during 2011-2015
20 13
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
Treasury bond futures launch in China Financial Futures Exchange after being closed for 18 years
CSRC & SFC sign a Memorandum concerning Mutual Recognition of Funds, in effect allowing publicly offered funds in the Mainland and Hong Kong to be offered to the public in both markets
PBoC widens CNY trading band from 1% to 2% around the central parity rate
OCT
NOV
DEC
CSRC issues new rules for the IPO process, shifting from regulatory approval to a compliance-based approach
20 14
JAN
FEB
MAR
PBoC lifts the cap on foreign currency deposit rates in the Shanghai FTZ, later expanding to all of Shanghai
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
Shanghai-Hong Kong Mutual Stock Market Access Agreement launches. Under the program, investors in each market are able to trade shares on the other market using their local brokers and clearing houses
DEC
20 15
JAN
FEB
MAR
APR
IMF indicates that CNY is on path to inclusion in SDR basket
MAY
PBoC reforms the mechanism for setting the RMB central parity rate to make it more market-driven, which results in a revaluation of the yuan
JUN
JUL
AUG
PBoC opens the Inter-bank bond market to Central Banks, Sovereign Wealth Funds, and other Global Sovereign Agencies
SEP
OCT
The IMF announces Yuan Inclusion In SDR Basket At 10.92% Weight, above JPY And GBP.
NOV
PBoC imposes a 20% reserve requirement on all dealing banks’ forward positions on the books
DEC
RQFII continues to expand. 17 cities are currently recognised as official RMB centres around the world
The data included in these materials are for illustrative purposes only. ©2016 Bloomberg L.P. All rights reserved. S661875390 0216
KEY CHINA REGULATION TIMELINE
KEY CHINA REGULATION TIMELINE 20 12
JAN
FEB
MAR
APR
MAY
JUN
CNY trading band widens from 0.5% to 1% around the central parity rate
Shanghai Free Trade Zone (FTZ) officially launches. It is the first free-trade zone in Mainland China to "meet international standards for the facilitation of trade and investment, currency convertibility, effective and convenient regulation as well as a standardised legal environment”
JUL
AUG
SEP
OCT
NOV
DEC
The 12th Five Year Plan for the financial sector introduces a road map for financial development and reforms during 2011-2015
20 13
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
Treasury bond futures launch in China Financial Futures Exchange after being closed for 18 years
CSRC & SFC sign a Memorandum concerning Mutual Recognition of Funds, in effect allowing publicly offered funds in the Mainland and Hong Kong to be offered to the public in both markets
PBoC widens CNY trading band from 1% to 2% around the central parity rate
OCT
NOV
DEC
CSRC issues new rules for the IPO process, shifting from regulatory approval to a compliance-based approach
20 14
JAN
FEB
MAR
PBoC lifts the cap on foreign currency deposit rates in the Shanghai FTZ, later expanding to all of Shanghai
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
Shanghai-Hong Kong Mutual Stock Market Access Agreement launches. Under the program, investors in each market are able to trade shares on the other market using their local brokers and clearing houses
DEC
20 15
JAN
FEB
MAR
APR
IMF indicates that CNY is on path to inclusion in SDR basket
MAY
PBoC reforms the mechanism for setting the RMB central parity rate to make it more market-driven, which results in a revaluation of the yuan
JUN
JUL
AUG
PBoC opens the Inter-bank bond market to Central Banks, Sovereign Wealth Funds, and other Global Sovereign Agencies
SEP
OCT
The IMF announces Yuan Inclusion In SDR Basket At 10.92% Weight, above JPY And GBP.
NOV
PBoC imposes a 20% reserve requirement on all dealing banks’ forward positions on the books
DEC
RQFII continues to expand. 17 cities are currently recognised as official RMB centres around the world
