European Union Chamber of Commerce in China
Banking & Securities Working Group (Beijing)
Date: Thursday, 21st April, 09:00am-10:30am
Location: China Banking Regulatory Commission
Jia N0.15 Financial Street, Xicheng District, Beijing, 100140
北京市西城区金融大街甲15号
Dear Working Group member,
The European Chamber is delighted to invite the Banking & Securities Working Group members to a meeting with the China Banking Regulatory Commission on April 21st, starting at 9:00 AM at CBRC’s office (see above for address).
The Banking & Securities Working Group members will have the honour of meeting Division Director Huang of the Derivative Product Department. She will focus and comment on the following topics:
The China Banking Regulatory Commission (CBRC), on 5 January 2011 issued Administrative Rules on Derivative Transaction Business of Banking Financial Institutions (银行业金融机构衍生产品交易业务管理办法) which revise the Provisional Administrative Rules on Derivative Transaction Business of Financial Institutions promulgated by CBRC on 1 March 2003 and amended on 3 July 2007.
At the end of February, it was also reported in the China Securities Journal that CBRC was drafting a new set of rules for the banking sector on criteria for capital adequacy, leverage and liquidity for tighter control of financial risks.
This is a very unique opportunity for the European Chamber’s members of the Banking & Securities Working Group to interact directly with the financial policy-makers.
Tentative Agenda:
1. Administrative Rules on Derivative Transaction Business of Banking Financial Institutions
2. New set of rules for the banking sector on criteria for capital adequacy, leverage and liquidity for tighter control of financial risks
Please register with Mr. Xavier-Lluis Sans Powell, xsanspowell@euccc.com.cn, by COB Tuesday 19th April. Please also feel free to suggest additional discussion points.
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For more information on the Working Group, or the European Chamber in general, please contact Xavier Sans Powell in Beijing, xsanspowell@euccc.com.cn or Tony Robinson in Shanghai, trobinson@euccc.com.cn