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New rules to bolster banks

From en.ce.cn

Tier-based norms for capital aim to boost regulations, alignment with global standards New regulations on capital of commercial banks are expected to enhance their risk management as well as improve their service quality, thus boosting the real economy, experts said on Thursday. On Wednesday, the National Financial Regulatory Administration unveiled a new set of regulations over commercial banks' capital management, which will take effect on Jan 1, offering transition periods for banks to meet loss provision and information disclosure requirements. The new regulations aim to capture the spirit of the recently ... (full story)

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  • Category: Fundamental Analysis