China Banking Regulatory Commission, Monitoring and Assessment of Non-performing Assets of Commercial Banks Tentative Procedures
中国银行业监督管理委员会商业银行不良资产监测和考核暂行办法
May 02, 2004 | BY
clpstaff &clp articlesThe Procedures concern the monitoring, analysis and assessment of non-performing assets, in particular sources and analyses of data and information and the time for assessment report submission.
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Promulgated: March 25 2004
Effective: as of date of promulgation
Interpreting authority: China Banking Regulatory Commission (CBRC)
Applicability: The Procedures apply to the monitoring and assessment of non-performing assets of commercial banks and their branches and sub-branches by the regulatory authorities of the CBRC (Article 2).
Main contents: The Procedures concern the monitoring, analysis and assessment of non-performing assets. Sources and analyses of data and information, and time for submitting the assessment reports, as well as liabilities for the management and regulation of non-performing assets.
Related legislation: PRC Banking Regulation Law, Dec 27 2003, CLP 2004 No.1 p45 and PRC Commercial Banking Law, May 10 1995, CLP 1995 No.5 p32