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People's Republic of China Financial Sector Assessment Program : Basel Core Principles for Effective Banking Supervision.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
International Monetary Fund.
Contributor:
International Monetary Fund.
Series:
Financial Sector Assessment Program
World Bank e-Library.
Language:
English
Subjects (All):
Access to Finance.
Accountability.
Accounting.
Asset Management.
Audits.
Autonomy.
Banking Sector.
Bankruptcy.
Capital Markets.
Capital Requirements.
Corporate Governance.
Debt Markets.
Deposit Insurance.
Due Diligence.
Employment.
Federal Reserve.
Finance and Financial Sector Development.
Financial and Private Sector Development.
Financial Institutions.
Financial Intermediation.
Financial Management.
Financial Regulation & Supervision.
Financial Services.
Financial Stability.
Fiscal Policy.
Foreign Banks.
Information Technology.
Insurance.
International Financial Standards and Systems.
Legal Framework.
Legal Institutions For A Market Economy.
Legislation.
Monetary Policy.
Municipalities.
Penalties.
Property Law.
Property Rights.
Regulation and Competition Policy.
Return On Equity.
Risk Management.
Rule of Law.
Savings.
Securities.
Settlement Systems.
Social Development.
Social Safety Nets.
Stock Exchanges.
Transparency.
Transport.
Wages.
Local Subjects:
Access to Finance.
Accountability.
Accounting.
Asset Management.
Audits.
Autonomy.
Banking Sector.
Bankruptcy.
Capital Markets.
Capital Requirements.
Corporate Governance.
Debt Markets.
Deposit Insurance.
Due Diligence.
Employment.
Federal Reserve.
Finance and Financial Sector Development.
Financial and Private Sector Development.
Financial Institutions.
Financial Intermediation.
Financial Management.
Financial Regulation & Supervision.
Financial Services.
Financial Stability.
Fiscal Policy.
Foreign Banks.
Information Technology.
Insurance.
International Financial Standards and Systems.
Legal Framework.
Legal Institutions For A Market Economy.
Legislation.
Monetary Policy.
Municipalities.
Penalties.
Property Law.
Property Rights.
Regulation and Competition Policy.
Return On Equity.
Risk Management.
Rule of Law.
Savings.
Securities.
Settlement Systems.
Social Development.
Social Safety Nets.
Stock Exchanges.
Transparency.
Transport.
Wages.
Other Title:
People's Republic of China Financial Sector Assessment Program
Place of Publication:
Washington, D.C. : The World Bank, 2012.
System Details:
data file
Summary:
Regulation and supervision of China's banking system has made impressive progress in the past few years, led by an activist, forward-looking regulator China Banking Regulatory Commission (CBRC), with a clear safety and soundness mandate that has been supported by banks and by the State. Less than fully compliant ratings in certain areas in this assessment generally reflect deficiencies in the legal framework, which can be amended, or that banks have yet to fully implement CBRC guidance. This assessment of the current state of the implementation of the Basel Core Principles for Effective Banking Supervision (BCP) in China has been completed as part of a Financial Sector Assessment Program (FSAP) undertaken jointly by the International Monetary Fund (IMF) and the World Bank between June 7 and June 25, 2010, and reflects the regulatory and supervisory framework in place as of the date of the completion of the assessment.

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