China NPL scheme hampered by disclosure gaps

• Autores: Brian Yap
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 14 ( 4/11/2016), 2016
• Idioma: inglés
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• Resumen

  • The article focuses on Non-Performing Loan (NPL) scheme of China which get hampered due to disclosure gaps in financial systems. Topics discussed include several financial regulators such as the National Development and Reform Commission (NDRC) allowed financial institutions issuing NPL backed securities, not rated by international rating agencies, problems to offshore investors and views of Tiecheng Yang, partner at law firm Clifford Chance in Beijing, China, on the same