E-Book, Englisch, 350 Seiten
Reihe: International Banking, Finance and Economic Law Series Set
Wan Development of Banking Law in the Greater China Area: PRC and Taiwan
Erscheinungsjahr 1999
ISBN: 978-90-411-7278-5
Verlag: Wolters Kluwer
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
PRC and Taiwan
E-Book, Englisch, 350 Seiten
Reihe: International Banking, Finance and Economic Law Series Set
ISBN: 978-90-411-7278-5
Verlag: Wolters Kluwer
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
This volume covers the development of banking supervisory standards for the emerging Chinese Economic Circle in which the People's Republic of China (PRC), Taiwan and Hong Kong form an informal 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 liberalise 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, US, EU and Basle Committee, is fully integrated into Chinese banking law and practice. The author concludes that banking supervision in the Greater China Area should be conferred with a wide degree of discretionary power to take the necessary measures to preserve this "core value" of prudential supervision.
This book will 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.
