State Council OKs Banking Regulator's New Rules

(Beijing) -- New guidelines for overseeing commercial bank operations have been largely approved by the State Council, China's cabinet, executives at major banks told Caixin.

Capital adequacy ratios, bank leverage ratios, loan provision and liquidity are the four major tools covered in the proposal by the China Banking Regulatory Commission.

New requirements for leverage and liquidity will be released first in as early as March. The regulator is still consulting the Ministry of Finance over provision requirements.