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Banking Laws in China (Hardcover)
Loot Price: R6,008
Discovery Miles 60 080
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Banking Laws in China (Hardcover)
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Because of the vast and growing economic powerhouse that is China
today, businesses and other investors worldwide are looking more
and more to that country's resources. Correspondingly, the Chinese
government has developed (and continues to develop) a unique and
complex system of banking law and regulation that merits the close
attention of anyone doing business in 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. Organizing his presentation under three overarching
headings - central banking law, domestic banking law, and foreign
banking law - he describes such crucial distinctions and
clarifications as the following in detail: 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; and impact of
new foreign banking regulations and rules on foreign bank
activities in China."Banking Laws in China" is an essential guide
for international bankers and their counsel, and a welcome source
of important information and insight for business persons
interested in the Chinese market or Chinese resources, as well as
for international business lawyers. Academics in banking law and
related economic disciplines will also find much to interest them
here.
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