Foreign banks get temporary respite from China’s new ‘Volcker rule’

Georgina Lee
18 Jul 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The China Banking Regulatory Commission (CBRC) has missed its own deadline to issue details of a prescriptive methodology aimed at limiting the non-hedging derivatives activity of banks. The new rules were expected to place a limit of 3% on non-hedging related activity aimed at limiting proprietary trading in derivatives in line with the US ‘Volcker rule'.

Both Chinese and foreign banks are expected to abide by the proposed 3% ‘market risk capital rule', first unveiled in January this year, when

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected]k.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]