How Basel III will change Chinese bank financing
November 10, 2012 | BY
clpstaff &clp articlesChinese banks' Basel III fears are mounting as lawyers outline how regulatory implementation of the rules will limit the industry's financing options.
In June, the China Banking Regulatory Commission (CBRC) issued its Regulation Governing Capital of Commercial Banks. The requirements stipulated are much higher than those specified under Basel II and Basel III.
Implementation of the regulation is expected to fundamentally change Chinese banks' means of financing.