01936cas a2200241 a 4500 AALejournalIMF018098 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484331156 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. People's Republic of China : Detailed Assessment Report on the Observance of Standards and Codes. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (91 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses the key findings of the assessment of the current state of the implementation of the Basel Core Principles for Effective Banking Supervision in China. China's legal framework sets clear responsibilities and objectives for banking supervision in China. Overall, China Banking Regulatory Commission's (CBRC) legal mandate and responsibilities, supported by broad powers, enables CBRC to conduct banking supervision in an effective way, with a primary focus on safety and soundness. A comprehensive set of regulations and procedures have provided CBRC with the necessary tools to properly operationalize its mandate, while strong enforcement powers further support the effectiveness of supervisory actions. Cooperation and collaboration with local and foreign authorities are also in place. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/359 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/359/002.2017.issue-359-en.xml IMF e-Library