China to unify supervision standards for domestic and foreig

时间：2007-03-26 01:31:32

（单词翻译:单击）

Chinanews, Beijing, Mar1. 23 – China will further improve its supervision2 system over foreign banks and will speed up the efforts of applying unified3 supervision standards for both domestic and foreign banks, says a report issued by the China Banking4 Regulatory Commission on Thursday.

 

In this "Report on the Opening-up of China's Banking Industry", it is said that while the opening-up of the banking industry has brought positive impacts on China's financial system, it has also created some risks. Chinese government has paid close attention to the possible risks emerging during this process and will take effective measures to improve the supervision work over foreign banks. In taking various measures, it hopes that the supervision work over foreign banks will become more comprehensive, detailed5 and professional, and Chinese banking system will become more secured.

 

While opening up the banking system, China should strengthen its supervision work and try to raise the supervision level by introducing more international practices, the report stresses.

 

In the next step, China will raise the effectiveness and professionalism of supervision from various aspects. First, China will try to unify6 the supervision standards applied7 to domestic and foreign banks, especially those foreign banks that have registered in China. With this measure, China hopes to create a fair market environment.

 

Secondly8, China will bring its supervision work into line with international standards. It will consult and follow the Core Principles for Effective Banking Supervision made by the Basel Committee on Banking Supervision to make domestic supervision more transparent9 and effective.

 

Finally, China will take active measures to improve the external environment in banking supervision and will promote the implementation10 of international accounting11 practices in China, the report says.

 
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1 mar f7Kzq     
vt.破坏，毁坏，弄糟
参考例句：
  • It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
  • Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
2 supervision hr6wv     
n.监督，管理
参考例句：
  • The work was done under my supervision.这项工作是在我的监督之下完成的。
  • The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。
3 unified 40b03ccf3c2da88cc503272d1de3441c     
(unify 的过去式和过去分词)； 统一的； 统一标准的； 一元化的
参考例句：
  • The teacher unified the answer of her pupil with hers. 老师核对了学生的答案。
  • The First Emperor of Qin unified China in 221 B.C. 秦始皇于公元前221年统一中国。
4 banking aySz20     
n.银行业，银行学，金融业
参考例句：
  • John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
  • He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
5 detailed xuNzms     
adj.详细的，详尽的，极注意细节的，完全的
参考例句：
  • He had made a detailed study of the terrain.他对地形作了缜密的研究。
  • A detailed list of our publications is available on request.我们的出版物有一份详细的目录备索。
6 unify okOwO     
vt.使联合，统一；使相同，使一致
参考例句：
  • How can we unify such scattered islands into a nation?我们怎么才能把如此分散的岛屿统一成一个国家呢？
  • It is difficult to imagine how the North and South could ever agree on a formula to unify the divided peninsula.很难想象南北双方在统一半岛的方案上究竟怎样才能达成一致。
7 applied Tz2zXA     
adj.应用的；v.应用，适用
参考例句：
  • She plans to take a course in applied linguistics.她打算学习应用语言学课程。
  • This cream is best applied to the face at night.这种乳霜最好晚上擦脸用。
8 secondly cjazXx     
adv.第二，其次
参考例句：
  • Secondly,use your own head and present your point of view.第二，动脑筋提出自己的见解。
  • Secondly it is necessary to define the applied load.其次，需要确定所作用的载荷。
9 transparent Smhwx     
adj.明显的，无疑的；透明的
参考例句：
  • The water is so transparent that we can see the fishes swimming.水清澈透明，可以看到鱼儿游来游去。
  • The window glass is transparent.窗玻璃是透明的。
10 implementation 2awxV     
n.实施，贯彻
参考例句：
  • Implementation of the program is now well underway.这一项目的实施现在行情看好。
11 accounting nzSzsY     
n.会计，会计学，借贷对照表
参考例句：
  • A job fell vacant in the accounting department.财会部出现了一个空缺。
  • There's an accounting error in this entry.这笔账目里有差错。

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