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Development of Banking Law in the Greater China Area: PRC and Taiwan - PRC and Taiwan (Hardcover)
Loot Price: R9,416
Discovery Miles 94 160
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Development of Banking Law in the Greater China Area: PRC and Taiwan - PRC and Taiwan (Hardcover)
Series: International Banking, Finance and Economic Law Series Set
Expected to ship within 10 - 15 working days
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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.
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