By Ba Shusong
Date: 2004/11/29
Abstract:
From a global point of view, the requirement for capital abundance has become one of the major indicators for measuring a bank's overall management and risk-resistance capacity. The release of the New Basel Capital Accord has further strengthened the central role of capital regulation in the global financial market. To speed up the sector’s integration with international regulatory rules, China Banking Regulatory Commission (CBRC) has issued "Regulations on the Capital Abundance Rate of Commercial Banks." The paper analyzes the trend of development in China's capital regulation by comparing CBRC's Regulations with the New Basel Capital Accord.