Title: A Significant Measure for Financial Regulatory Regime Reform
Abstract: Founding of China Banking Regulatory Committee (CBRC) is a significant measure to consummate China's financial regulatory regime and to promote performance of monetary policy and specialization of banking regulation, which is also a wise action to cater for world trend in financial regulation development and approach to China's practical situation. It's compulsory for newly-established bank regulatory committee to have an open, up-to-date regulatory conception satisfying market economy demand, to cope with such relationships as regulation from CBRC and self-discipline in commercial banks, regulation and innovation, cost and revenue, others-regulation and self-regulation so as to improve regulatory level and efficiency.
Publication Year: 2003
Publication Date: 2003-01-01
Language: en
Type: article
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