Sunday, September 22, 2013
"Trouble-Free" Mentality shouldn't be applied in Private Banking Supervision
ANBOUND
Private banking is one of the major highlights of China's financial reform this year. However, regulators’ main concern is "trouble-free" when it comes to setting up a private bank. Anbound research team believes that the concept of stability maintenance does not suit private banking supervision. Furthermore, the size of private bank should be determined by market needs and funder’s financial health instead of registered capital as a threshold.