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Chinese Banking Law & Foreign Financial Institutions
Contributor(s): Zhongfei Zhou (Author)

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 ISBN: 9041198385     ISBN-13: 9789041198389
Publisher: Kluwer Law International
OUR PRICE: $212.10  

Binding Type: Hardcover - See All Available Formats & Editions
Published: March 2002
Qty:

Click for more in this series: International Banking, Finance and Economic Law Series Set
Additional Information
BISAC Categories:
- Law | Banking
- Law | International
Dewey: 346.510
LCCN: 00067776
Series: International Banking, Finance and Economic Law Series Set
Physical Information: 0.63" H x 6.14" W x 9.21" L (1.22 lbs) 241 pages
Themes:
- Cultural Region - Chinese
 
Descriptions, Reviews, Etc.
Publisher Description:
If China is to develop a modern and viable banking sector, it needs to put in place a suitable legal infrastructure which is consistent with emerging international supervisory standards, WTO requirements and aspirations for financial sector liberalisation. The author argues that current foreign banking laws are fundamentally out of line with international standards and practices and that legislators and supervisors do not appreciate or cultivate commonly accepted supervisory values. This book proposes a set of reforms that would at the same time create a legal environment for competitive equality between foreign banks and protect the Chinese banking system. The issues considered include the licensing process for the entry of foreign banks into the Chinese market, the ongoing regulation of foreign banks and foreign bank crisis management or bank failure resolution. The author offers a proposed framework of Chinese foreign banking law which should be of great benefit to existing and prospective foreign banks in China.
 
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