Development of Banking Law in the People's Republic of China and the Republic of China on Taiwan


Book Description

This volume covers the development of bank supervisory standards for an emerging Chinese Economic Circle (CEC) in which the People's Republic of China (PRC), Taiwan, and Hong Kong form an informal, interdependent relationship through their significant, increasing, inter-investment and inter-trade activities. The PRC, Taiwan, and Hong Kong are liberalising the regulation of their respective banking industries and are developing Shanghai, Taipei, and Hong Kong into major financial centres. To do this successfully requires the integration of prudential supervision (based on banking standards from the UK, United States, EU, and Basle Committee) into Chinese Banking Law and Practice. Bankers, banking lawyers, investors, and compliance officials will appreciate the way Development of Banking Law in the People's Republic of China and the Republic of China on Taiwan expertly brings together, in a single volume, the supervisory standards of PRC, Taiwan, and Hong Kong and offers unique, thoughtful solutions.




Financial Regulation in the Greater China Area:Mainland China, Taiwan and Hong Kong Sar


Book Description

With the growth in financial activity in and between the People's Republic of China, the Republic of China or Taiwan and the Hong Kong Special Administrative Region, an understanding of the development and status of financial law and regulation in the Chinese Economic Circle is increasingly important. This book provides an overview of the most significant areas of financial regulation in the Greater China Area, bringing together expert essays on banking, insurance, securities and general financial law in the PRC, banking and insurance in Taiwan, and financial law in Hong Kong. This work collects for the first time in a single volume the significant history and development of financial law within the Greater China Area, providing a valuable insight into the development and relationship of these three diverse but interrelated financial systems.




Hong Kong's Global Financial Centre and China's Development


Book Description

This book provides an overview of Hong Kong’s role as an international financial centre, focusing especially on how Hong Kong has contributed significantly, and continues to contribute significantly, to China’s economic development. It considers the importance of Hong Kong’s stock market in raising finance for Chinese companies, explores the potential of Hong Kong as an offshore financial centre, and discusses recent regulatory reforms. It concludes by assessing the prospects for Hong Kong’s continuing success as a global financial centre, and puts forward recommendations for policies which would help secure continuing success.




Emerging Issues in Finance Sector Inclusion, Deepening, and Development in the People's Republic of China


Book Description

Despite its success to date, the People's Republic of China (PRC) faces some major challenges in finance sector development. Like all success stories, the PRC is finding it increasingly di cult to maintain momentum. The finance industry needs greater involvement from the private sector, including input in decision making. Achieving the desired outcomes will require a careful balance between the pace at which controls are removed and that at which the regulatory and legal infrastructure is strengthened. Long-term success will also require that economic growth be inclusive, with financial services available to all members of society.




Summary of Activities


Book Description




People’s Republic of China-Hong Kong Special Administrative Region1


Book Description

Annotation In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.




China Joins the World


Book Description

Each chapter in this volume explores the record of Chinese participation in a specific international issue area. These in-depth and timely studies reveal considerable success--more than most forecasts expected--but the road ahead may prove tougher than the terrain already covered.