IMF Staff Country Reports

People’s Republic of China: Detailed Assessment Report: Basel Core Principles for Effective Banking Supervision

April 5, 2012

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Format: Chicago

International Monetary Fund. "People’s Republic of China: Detailed Assessment Report: Basel Core Principles for Effective Banking Supervision", IMF Staff Country Reports 2012, 078 (2012), accessed 12/22/2025, https://doi.org/10.5089/9781475502961.002

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Summary

A detailed assessment report on the observance of China’s compliance of Basel Core Principles for effective banking supervision is presented. Regulation and supervision of China’s banking system has made impressive progress in the past few years, led by an activist, forward-looking regulator, the China Banking Regulatory Commission, with a clear safety and soundness mandate that has been supported by banks and by the State. The macroeconomic environment is characterized by rapid growth, with concerns about overheating and asset price overvaluation.

Subject: Bank legislation, Bank supervision, Banking, Commercial banks, Credit risk, Financial institutions, Financial regulation and supervision, Internal controls, Market risk

Keywords: Bank legislation, Bank supervision, board of directors, capital adequacy, CBRC staff, central bank, Commercial banks, country risk, CR, credit risk, Credit risk, Global, internal audit, ISCR, liquidity risk, major bank, Market risk, risk assessment, risk profile, senior management, state council