Chinese regulator could prompt more derivatives advice

Author: | Published: 4 Dec 2009

Banks could demand that their corporate counterparties in China seek more advice on trades, after a senior Chinese regulator criticised international banks for “maliciously” selling derivatives.

Such remarks could encourage international banks to require that state-owned enterprises (SOEs) seek more external advice before they are comfortable transacting with them.

“They may need to introduce...


 

 

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