The Current State of the Financial Sector and the Regulatory Framework in Asian Economies—The Case of the People’s Republic of China

Luo Ping
Additional contact information
Luo Ping: Asian Development Bank Institute

No 310, ADBI Working Papers from Asian Development Bank Institute

Abstract: Reform of financial regulation is a priority on the international agenda. At the call of the Group of Twenty Finance Ministers and Central Bank Governors (G-20), a number of new international standards have been issued, most notably Basel III. As a member of the G-20, the Financial Stability Board (FSB), and the Basel Committee on Banking Supervision, the People’s Republic of China (PRC) is now on a faster track in adopting international standards. However, the key issue for the PRC—as well as many other emerging markets—is to how to keep focused on the domestic policy agenda while adopting the new global standards.

Keywords: financial regulation; basel iii; prc financial sector (search for similar items in EconPapers)
JEL-codes: E44 E52 E58 G18 G28 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2011-09-15
New Economics Papers: this item is included in nep-ban, nep-mac, nep-reg, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.adbi.org/files/2011.09.15.wp310.state.f ... or.framework.prc.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://www.adbi.org/files/2011.09.15.wp310.state.financial.sector.framework.prc.pdf [302 Moved Temporarily]--> https://www.adbi.org/files/2011.09.15.wp310.state.financial.sector.framework.prc.pdf [302 Moved Temporarily]--> https://www.adb.org/adbi/files/2011.09.15.wp310.state.financial.sector.framework.prc.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:adbiwp:0310

Access Statistics for this paper

More papers in ADBI Working Papers from Asian Development Bank Institute Kasumigaseki Building 8F, 3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo 100-6008, Japan. Contact information at EDIRC.
Bibliographic data for series maintained by ADB Institute ().