In June, the China Banking Regulatory Commission (CBRC) issued its Regulation Governing Capital of Commercial Banks. The requirements stipulated are much higher than those specified under Basel II and Basel III.
Implementation of the regulation
Chinese banks' Basel III fears are mounting as lawyers outline how regulatory implementation of the rules will limit the industry's financing options.
In June, the China Banking Regulatory Commission (CBRC) issued its Regulation Governing Capital of Commercial Banks. The requirements stipulated are much higher than those specified under Basel II and Basel III.
Implementation of the regulation
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