Nov 09, 2016 11:57 AM
Bank Regulators Caught Between Rock, Hard Place
Domestic markets have been rattled by news that the People's Bank of China plans to include banks' off-balance-sheet wealth management products into a measure it calls "broad credit," which is used to assess their capital adequacy. This is one of a range of indicators in a new Macroprudential Assessment system, which is part of the central bank's macroprudential policy framework aimed at maintaining financial stability.
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Managing Editor of Caixin Media and Managing Editor of Caixin Weekly
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