China: Compliance

《金融法（草案）》（“草案”）第七章“金融监管”立足我国金融监管体制改革的深远目标，系统构建了涵盖监管对象、监管措施、执行保障、兜底监管、临时许可、举报人制度、监管协调机制、监管权限配置、监督问责机制和自律管理等的完整制度框架。第七章作为草案的核心抓手，既是

On May 5, 2022, the Hague Agreement officially came into effect in China. This development enables applicants to designate multiple member countries, including China...

Mainland China has issued a comprehensive notice that explicitly addresses virtual currencies and Real World Asset tokenisation, drawing clear boundaries around what constitutes illegal financial activity onshore while outlining narrow pathways for compliant offshore structures. The document signals a fundamental shift in how regulators view tokenisation—not as a technology workaround, but as regulated finance subject to the same scrutiny as traditional financial activities. For firms operating in Hon