China abandons early adoption plan for Basel III

China Banking Regulatory Commission drops plans to implement Basel Committee timetable early because of eurozone and domestic growth fears


The Chinese government announced on Wednesday that it will adopt the Basel III capital framework for commercial banks from January 1, 2013, in line with international norms.

China had circulated draft rules in August 2011 with the intention of implementation at the start of 2012, a year ahead of the Basel Committee's timeline. However, Chinese regulators have been moving cautiously due to the ongoing eurozone crisis and fears that early implementation would slow the domestic economy.

In a

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options


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 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