Chairman says ‘unquestionably strong’ requirement to remain in place despite Dodd Frank uncertainty.
Standard covers risk framework and regulatory capital requirements.
Finance Ministry notice says local government will not be responsible for bail outs.
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.