China opts out of Basel II

In a letter to the Basel Committee on Banking Supervision at the end of July, CBRC chairman Liu Mingkang emphasised his support for the Basel Committee’s aim to create a more risk-sensitive framework, but noted “were it applied in our jurisdiction, Basel II would be only marginally more risk-sensitive than Basel I, but would increase the overall capital for our entire banking system.” Instead, China’s banking sector will remain on Basel I “for a few more years” after the implementation date, he

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here