Regulatory
China's regulatory bodies, specifically the China — China Securities Regulatory Commission, have initiated a major crackdown on 'illegal' cross-border securities activities. This action targets online brokers, including Nubank, Tiger Brokers, and United Kingdom — Longbridge,…
Impact: The China — China Securities Regulatory Commission issued a Notice of Investigation and an Administrative Penalty Pre-Notification Letter to Nubank, proposing significant penalties for its unlicensed operations in mainland China.
May 22, 2026 · 38 articles