Subjects:

Other Jurisdictions , Banking and Finance, China

In this authoritative book, a leading Chinese expert on financial and economic law thoroughly explains the functions, activities and procedures that characterize the behaviour of financial institutions under current Chinese law.

The book features:

• control of monetary policy formulation and implementation by the People’s Bank of China (PBOC)
• modern central banking functions of the PBOC
• independence and accountability of the PBOC
• requirements and procedures for banking entry
• specific risk-based regulatory and supervisory requirements of the China Banking Regulatory Commission (CBRC)
• problem bank resolutions of the CBRC
• foreign banking law developments before and post WTO transitional period
• impact of new foreign banking regulations and rules on foreign bank activities in China