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Vol 22 No 6 June/July 2017

Book of the Month

Cover of Supperstone, Goudie and Walker: Judicial Review

Supperstone, Goudie and Walker: Judicial Review

Edited by: Helen Fenwick
Price: £267.00

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Development of Banking Law in the Greater China Area

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ISBN13: 9789041109484
ISBN: 904110948X
Published: November 1999
Publisher: Kluwer Law International
Country of Publication: The Netherlands
Format: Hardback
Price: £193.00

Despatched in 11 to 13 days.

This volume covers the development of bank supervisory standards for an emerging Chinese Economic Circle (CEC) in which the People's Republic of China, Taiwan and Hong Kong form an informal interdependent relationship through their significant and increasing inter-investment and inter-trade activities. The PRC, Taiwan and Hong Kong have all embarked on definitive plans to liberalize the regulation of their respective banking industries and to develop Shanghai, Taipei and Hong Kong into major regional financial centres. The author suggests that in order to do this successfully, it is necessary that the ""core value"" of prudential supervision, which is based on banking standards from the UK, USA, EU and the Basle Committee, is fully integrated into Chinese banking law and practice. The author concludes that banking supervision in the CEC should be conferred with a wide degree of discretionary power to take the necessary measures to preserve this ""core value"" of prudential supervision.;The book should be of prime interest to academics and practitioners in the field of banking law, particularly those with a special interest in the Asia-Pacific region.