The island of Caofeidian is located 200 kms from Beijing and is a land reclaimed from the sea and converted into an economic development zone in Tangshan district, China. The port of Caofeidian was promoted...
The Financial Stability Board (FSB) in its 2013 annual report on Shadow Banking titled, ”Strengthening Oversight and Regulation of Shadow Banking”, defined shadow banking as “credit intermediation involving entities and activities (fully or partially) outside...
The European Commission has presented draft legislation aimed at taming the multi-trillion-euro shadow banking industry in the 28-member bloc. The idea is to make unregulated money market funds safer. The EU executive said the draft...
