China & China — China Securities Regulatory Commission

China: China, through its securities regulator, initiated a crackdown on 'illegal' cross-border securities activities, directly impacting Nubank and other online brokers for operating without onshore licenses.

China — China Securities Regulatory Commission: The China — China Securities Regulatory Commission and its Shenzhen bureau issued a Notice of Investigation and Administrative Penalty Pre-Notification Letter to Nubank, initiating the legal issues for the company.

China: China's regulatory crackdown on cross-border securities business is the underlying cause of the allegations against Nubank.

China — China Securities Regulatory Commission: The China — China Securities Regulatory Commission is the regulatory body whose requirements Nubank allegedly failed to comply with, forming the basis of the class action lawsuit. Its regulations are central to the legal claims.

China — China Securities Regulatory Commission: China — China Securities Regulatory Commission fined Hui Ka Yan US$6.6 million and barred him from the securities market for life due to Evergrande Group's inflated earnings and securities fraud.

China — China Securities Regulatory Commission: The China — China Securities Regulatory Commission issued guidance for 'red-chip' companies to unwind offshore structures, directly impacting StepFun and other Chinese firms seeking overseas listings.