China Financial Supervision and Regulation Report: 2012

Chief Editor: Hu Bin

Deputy Chief Editor: Cheng Lian and Yin Zhentao

Preface:   

China Financial Supervision and Regulation Report: 2012 (hereafter the Report 2012), as the annual report from Research Center for Financial Laws and Regulations (RCFLR), tries to reflect the current status, development and reformation of China's financial supervision and regulation in a systematic, comprehensive, persistent and authoritative manner. With the philosophy of "factually recording, objectively reviewing, and comprehensive analyzing" , we hope this report may provide reliable and useful references for financial institutes, academic researchers, and regulatory authority.

    The Report 2012 consists of three parts as General Reports, Sub-reports, and Special Topics. The first of the two general reports is Evolution of China’s Financial Supervision and Regulation: 1949-2011, which discusses the characteristics, philosophy and problems of China’s financial regulation and supervision system in the review of its sixty years’ evolution process and proposes some policy recommendation for its future development. The second general report is China’s Financial Supervision and Regulation: Developments in 2011, which makes a survey of the main reform and policy issues of China’s financial supervision and regulation in 2011 and gives an outlook of 2012. Sub-reports provide the details of development in the regulation of banking, securities, insurance, and foreign exchange administration. In this part we also present the dynamics of international financial regulation as the background of China's development in the related areas. Special Topics deliver deeper analysis on some important issues in China's financial supervision and regulation, including macro prudential policy, shadow banking, implementation of Basel III in China, and the regulation of wealth management products. We also include a systematic survey of the theoretical development in China's financial regulation in this part.

Table of Contents

General Reports
    Evolution of China’s Financial Supervision and Regulation: 1949-2011
    China’s Financial Supervision and Regulation: Developments in 2011

Sub-Reports
    Annual Developments in Banking Regulation
    Annual Developments in Securities Regulation
    Annual Developments in Insurance Regulation
    Annual Developments in Foreign Exchange Management
    Annual Developments in Global Financial Supervision and Regulation

Special Topics
    Macro prudential Policy Framework
    Shadow Banking System and Its Regulation
    Implementation of Basel III in China
    Development and Regulation of Wealth Management Products
    Survey of Researches in China’s Financial Supervision and Regulation