Glossary entry (derived from question below)
Mar 8, 2007 01:00
17 yrs ago
1 viewer *
Chinese term
非审慎性
Chinese to English
Law/Patents
Law (general)
取消了对外资银行的一切非审慎性市场准入限制，向在中国注册的外资法人银行全面开放人民币业务
I found 'non-operating prudent market access restrictions' on Google but what does 非审慎性 really mean? I appreciate your help.
I found 'non-operating prudent market access restrictions' on Google but what does 非审慎性 really mean? I appreciate your help.
Proposed translations
(English)
| 3 +4 | non-prudential |
peiling
|
Proposed translations
+4
4 mins
Selected
non-prudential
http://microfinancegateway.org/resource_centers/savings/glos...
In non-prudential regulation, the financial sector authority (regulator) does not vouch for or assume responsibility for the soundness of the “regulated” institutions. Non-prudential regulatory techniques may include: registration and legal chartering of licensed entities; disclosure of ownership or control; reporting or publication of financial statements; norms for the content and presentation of such statements; accounting and audit standards; transparent disclosure of interest rates to consumers; external audits; submission of names of borrowers and status of their loans to a central credit information bureau; and interest rate limits. Enforcement of non-prudential regulations seldom involves regular supervision or on-site inspection.
--------------------------------------------------
Note added at 7 mins (2007-03-08 01:08:05 GMT)
--------------------------------------------------
http://www.imf.org/external/pubs/ft/wp/2006/wp06292.pdf
Non-prudential market access on foreign banks restrict ownership, operation, and juridical form of foreign financial institutions, including on internal branching and licenses.
In non-prudential regulation, the financial sector authority (regulator) does not vouch for or assume responsibility for the soundness of the “regulated” institutions. Non-prudential regulatory techniques may include: registration and legal chartering of licensed entities; disclosure of ownership or control; reporting or publication of financial statements; norms for the content and presentation of such statements; accounting and audit standards; transparent disclosure of interest rates to consumers; external audits; submission of names of borrowers and status of their loans to a central credit information bureau; and interest rate limits. Enforcement of non-prudential regulations seldom involves regular supervision or on-site inspection.
--------------------------------------------------
Note added at 7 mins (2007-03-08 01:08:05 GMT)
--------------------------------------------------
http://www.imf.org/external/pubs/ft/wp/2006/wp06292.pdf
Non-prudential market access on foreign banks restrict ownership, operation, and juridical form of foreign financial institutions, including on internal branching and licenses.
4 KudoZ points awarded for this answer.
Comment: "Thanks."
Something went wrong...