Regulation of securitisation in China: Learning from the US experience
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- 作者：Franklin N. Ngwu ; franklin.ngwu@gcu.ac.uk" class="auth_mail" title="E-mail the corresponding author ; Zheyang Chen
- 关键词：Securitisation ; Regulation ; China ; Risk ; Banks
- 刊名：Research in International Business and Finance
- 出版年：2016
- 出版时间：May 2016
- 年：2016
- 卷：37
- 期：Complete
- 页码：477-488
- 全文大小：717 K
文摘
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The restarting of securitisation in China in 2012 has potential benefits to the Chinese economy but some risks remain and further reforms needed.
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We evaluate the regulation of securitisation in China as more effective and strident that of the US.
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Reforms such as adopting a bifurcated approach for MMR requirement, adoption of stricter regulation if MBS will be allowed and effective regulation of Shadow banking will be helpful.