Effective implementation will reduce crises probability and cost, report suggests.
Agreement will bolster both countries regulatory system and financial markets.
Industrial and Commercial Bank of China and China Construction Bank have ratios of less than 150%.
BCBS survey details regulatory priorities of 11 Asian jurisdictions.
Bank analyst says change might enable regulators to “control the pace of broad-based credit supply”
AIs are expected to participate in the service unless they have ‘equally effective’ arrangements.
New draft bill aiming to resolve bank failures challenged on several fronts, rating agency says.
Informal lenders must define “reasonable” interest rates for consumers
Request comes amid concern about rising debts, potential housing price bubble.
Scheme will help financial institutions cover reserve requirements.