2.Finance, which is at the core of the modern economy, is related to development and security. Efforts to fend off major financial risks should be coordinated in line with market principles and the rule of law . 表达积累 1 重点表达学习 保障基金:guarantee fund 做好重大金融风险防范化解工作: ...
financial stability law 中国人民银行等部门起草的《中华人民共和国金融稳定法(草案征求意见稿)》,4月6日起向社会公开征求意见。草案征求意见稿首次明确国家金融稳定发展统筹协调机制职责,并设立金融稳定保障基金。 China has unveiled a draft law on financ...
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 ...
It also proposed to set up a guarantee fund for financial stability, the PBOC said. The draft aims to establish and improve an efficient, authoritative and well-coordinated working mechanism for financial stability, further strengthen the financial safety net and firmly forestall systemic risks, the ...
The spokesperson described it as an indispensable part of China's financial security net, similar to deposit insurance and industry guarantee funds. The CBIRC will work to improve relevant laws and regulations as well as institutional arrangements for the establishment of the fund, the spokesperson sa...
aIncluding guarantee funds, specific purpose funds, mutual funds, venture capital funds, imposed on the Management Fund closed operation, run the membership fees of funds at all levels of government financial institutions and SMEs, to support the development of SMEs. 包括保证资金,具体目的资金,共同...
Capital Guarantee Fund Any investment vehicle where the investor is guaranteed not to lose the capital he/she places into the vehicle. That is, the company offering the investment must bear any losses suffered itself. Because this completely eliminates the investor's risk, capital guarantee funds ...
Though you probably have other savings goals too, such as saving for retirement, creating an emergency fund should be a top priority. It’s the savings account that creates the financial stability you need to achieve your other goals.
Preparatory work on financial stability guarantee fund to complete in Sept China plans to complete preparatory work for the establishment of a fund for ensuring financial stability by the end of September, the State Council said on Mar.25, as the country ramps up efforts to prevent and dispose...
China's national financial stability fund has accumulated a certain amount of capital with its initial framework established, marking a critical step for the country to strengthen its financial safety net against rising global financial fragility