In this authoritative book, a leading Chinese expert on financial and economic law thoroughly explains the functions, activities and procedures that characterize the behaviour of financial institutions under current Chinese law.

The book features:

control of monetary policy formulation and implementation by the People’s Bank of China (PBOC)
modern central banking functions of the PBOC
independence and accountability of the PBOC
requirements and procedures for banking entry
specific risk-based regulatory and supervisory requirements of the China Banking
Regulatory Commission (CBRC)
problem bank resolutions of the CBRC
foreign banking law developments before and post WTO transitional period
impact of new foreign banking regulations and rules on foreign bank activities in China