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Development of Banking Law in the Greater China Area: PRC and Taiwan on Hardback by Timothy Haosen Wan
Development of Banking Law in the Greater China Area: PRC and Taiwan on Hardback by Timothy Haosen Wan
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Development of Banking Law in the Greater China Area: PRC and Taiwan

PRC and Taiwan
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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, Taiwan and Hong Kong form an informal interdependent relationship through their significant and increasing inter-investment and inter-trade activities. The PRC, Taiwan and Hong Kong have all embarked on definitive plans to liberalize the regulation of their respective banking industries and to develop Shanghai, Taipei and Hong Kong into major regional financial centres. The author suggests that in order to do this successfully, it is necessary that the "core value" of prudential supervision, which is based on banking standards from the UK, USA, EU and the Basle Committee, is fully integrated into Chinese banking law and practice. The author concludes that banking supervision in the CEC should be conferred with a wide degree of discretionary power to take the necessary measures to preserve this "core value" of prudential supervision. The book should be of prime interest to academics and practitioners in the field of banking law, particularly those with a special interest in the Asia-Pacific region.
Release date NZ
December 1st, 1999
Audiences
  • Postgraduate, Research & Scholarly
  • Professional & Vocational
Pages
314
Dimensions
234x230x21
ISBN-13
9789041109484
Product ID
4003419

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