Open Finance Revolution and China’s Salary Caps: A Global Financial Shift

Explore the UK's transition from open banking to open finance, driven by regulatory innovation and digital advancements. Delve into China's 'common prosperity' initiative as salary caps reshape the financial sector. Understand the global implications of these financial transformations and their impact on international markets.

Sources:
https://www.pymnts.com/bank-regulation/2025/uks-fca-charts-path-from-open-banking-to-open-finance/
https://www.scmp.com/economy/china-economy/article/3295952/salary-caps-spread-chinas-finance-sector-amid-common-prosperity-drive
https://uk.finance.yahoo.com/news/trumps-banking-deregulation-investors-lagarias-060038408.html
https://www.cnbc.com/2025/01/23/german-finance-minister-jrg-kukies-structural-weaknesses-in-economy-must-be-addressed.html

Outline:
(00:00:00) Introduction
(00:00:40) UK’s FCA Charts Path From Open Banking to ‘Open Finance’
(00:03:55) Salary caps spread in China’s finance sector amid ‘common prosperity’ drive
(00:06:29) What Trump's planned banking deregulation means for investors
(00:09:31) Structural weaknesses in the German economy must 'absolutely' be addressed, finance minister says