Legislation roundup: Banks' country risk and capital requirements, and online trading investigation

November 29, 2023 | BY

Susan Mok

Banks should pay attention to potential country risks, as well as risks existing in credit and investment. A transition period of two years is set for loss provisions counted as part of net capital of banks. Online trading platform operators are required to provide information on a merchant trading on its platform when a recall of defective products are involved.

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Banking and Finance

National Administration of Financial Regulation, Measures for the Administration of Country Risk Faced by Banking Financial Institutions

国家金融监督管理总局银行业金融机构国别风险管理办法

In addition to paying attention to the country risks existing in credit, investment, off-balance sheet business, etc., a banking financial institution shall pay attention to potential country