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China banking regulator issues draft rules on liquidity risk management

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BEIJING | Wednesday, Dec 6 2017 IST
 
China's banking regulator on Wednesday issued draft rules on commercial banks' liability risk management with an aim to improve lenders' risk assessment framework and safeguard the banking system in the new market environment.The draft rules introduced three new quantitative measures on banks' liquidity risks, the China Banking Regulatory Commission said in an online statement.The rules will take effect on March 1, 2018, the CBRC said.REUTERS CJ 1352

-- (Reuters) -- C-1-1-DL0400-1159990.Xml

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