According to the CBRC
guidelines, a gap of fewer than 50 points denotes a weak lead.
Commercial banks all have to submit stress test results to the local CBRC
branch every quarter.
The signing took place during a meeting between the chairman of the CBRC
, Shang Fulin and the chairman of the board of directors of the DFSA, Saeb Eigner, and coincided with a visit to Beijing by a DFSA delegation attending the 2012 annual conference of the International Organisation of Securities Commissions.
Eigner said: "I am very pleased that the CBRC
and the DFSA have, with this supplementary agreement, enhanced the terms of the Memorandum of Understanding we put in place on 24 September 2007.
Zhu's agency and installed his protege Yan Hai-wang to form a team of experts, excluding anyone from the People's Bank of China, to create an independent bank regulator--the CBRC
headed by Liu Ming-kang.
Through its association with Garu CBRC
, PWS&D is working for the underprivileged, the voiceless and the disadvantaged in society.
is the primary banking regulator in China, supervising banks and non-bank institutions and their business operations within the country.
is also believed to have plans to set the loan provision ratio at 1.
With them signing of this agreement, a framework for the FSRA and CBRC
to deliver mutual support, share pertinent regulatory information, and collaborate on the supervision of banks has been facilitated.
The agreement provides a framework for FSRA and CBRC
to render mutual assistance, exchange of relevant regulatory information, co-operate in the supervision and oversight of the compliance of financial institutions with applicable banking laws and regulations.
would limit foreign banks' derivatives trading business based on their experience and qualifications.
1 billion, and those approved by CBRC
and CIRC total US$11.