HIGHLIGHTS
- What: The authors examine the risks these institutions may cause their interconnections with traditional banks and the regulatory responses to keep potential dangers under control. The paper aims to give a well-rounded understanding of the overall system in China. The authors explore the challenges regulators face in supervising and dealing with these activities and their efforts to balance promoting financial innovation and guarding against potential risks. The first part of this study provides an overview of the historical background and regulatory framework of NBFIs in China.
- Who: Shadow Banking et al. from the University . . .
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