China's draft financial stability law will help to mitigate systemic shocks from the failure of smaller banks with limited central government links, says Fitch Ratings. The law aims to create a funding backstop to the financial stability guarantee fund that provides emergency funding to weak banks ...
China has unveiled a draft law on financial stability, which is open for public opinions starting from Wednesday, the central bank said. The draft, jointly compiled by the People's Bank of China (PBOC) and other relevant authorities, clarified the responsibilities of the mechanism for coordinating...
China has managed to maintain overall financial stability and is drafting the Financial Stability Law, which is expected to provide legal safeguards for defusing risks and maintaining financial stability as the country goes forward, Liu said. To tackle the risks in the real estate sector, China ha...
THE IMPACT OF ASSET STRUCTURE ON A COMPANY'S FINANCIAL RESULTS STABILITY The purpose of the article is to examine the impact of asset structure on the stability of financial results of companies. The article verifies two hypothe... Zimny, Artur - Journal of Finance & Financial Law / Finanse...
China signalled it would ease monetary policy as a State Council meeting vowed more efforts to stabilise economy; The central bank unveiled draft financial stability law in laying foundation to prevent systemic risks in China. Here’s what you need to know about China in the past 24 hours ...
In the next step, the country will move to ensure responsibilities in the prevention and disposal of financial risks are fulfilled by all parties concerned, push for the enactment of the law on financial stability, and place all types of financial activities under regulation according to laws, Yi...
In the following months, the NPC Standing Committee will review multiple draft laws concerning the economy, such as those on value-added tax, tariffs and financial stability, with deliberation on a draft amendment to the Corporation Law, to help build a high-level socialist market economic system...
"This will help contribute to financial stability and will make Chinese financial law better understood worldwide," he said.
We completely paid off the outstanding debt of 1.4486 trillion yuan incurred in the reform of financial institutions since the beginning of this century. Using market- and law-based means, we took targeted steps to deal with the risks of several large enterprise groups and made steady headway ...
few months, Chinese and U.S. officials have worked to follow through on the common understandings of the two presidents, maintained communication and made progress in the political and diplomatic, economic and financial, law enforcement and counternarcotics, climate change and people-to-people ...