General Office of the China Banking Regulatory Commission, Circular on Issues Relevant to the Engagement in Domestic Gold Futures Trading by Commercial Banks
中国银监会办公厅关于商业银行从事境内黄金期货交易有关问题的通知
Commercial banks allowed to engage in gold futures trading.
Date:
June 2008
CLP Reference: 3700/08.03.07
PRC Reference: 银监办发 [2008] 35号
Promulgated: 07 March 2008
Keywords (click to search): [gold futures trading] [commercial banks] [derivatives] [hedging]
Issued: March 7 2008
Main Contents: The Circular specifies the conditions for commercial banks to engage in gold futures trading, such as:
(1) having a capital adequacy ratio of at least 8%;
(2) having the qualifications to trade in derivatives;
(3)...
To continue reading this article, you must be a subscriber.
The rest of this article is available to subscribers only. Subscribe now to continue reading this article and to have full access to all other articles and full-text translations.