China Banking and Insurance Regulatory Commission is requiring banks to disclose their net stable funding ratio every six months.
Caixin reported that China’s banking regulator issued new rules requiring the disclosure of bank's net stable funding ratio in order to comply with Basel III.
The new rules also set stricter requirements for the five biggest state-owned banks ― Industrial and Commercial Bank of China (ICBC), Bank of China, China Construction Bank, Agricultural Bank of China and Bank of Communications ― as well as China Merchants Bank.
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