National Financial Regulatory Administration

Rule Changes

Counterpart to OSFI in the new dialogue

Canada and China had no working channel between their financial regulators for more than seven years. On November 9, in Vancouver, they signed three.

Updated 6 hours ago

Rule Changes

As of September 2026: Co-issuer of the subsidy; supervises banks that handle it

China's central government will start paying part of the interest on new mortgages for first-time homebuyers on October 1. The subsidy covers 1 percentage point of annual interest on qualified loans for up to five years, the first time Beijing has directly subsidized commercial mortgage interest.

Updated Sep 30