China's credit assessment overhaul masks loopholes

• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 6 (2/15/2016), 2016
• Idioma: inglés
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• Resumen

  • The article discusses various regulatory loopholes in the credit assessment system of China. Topics discussed include launch of new macro-prudential assessment system (MPA) by People's Bank of China, need of issuing rules for regulating the wealth management services provided by commercial banks, and use of wealth management to generate credit for clients to invest in stocks by trust companies