Macro prudential assessment system to be introduced in 2016 - PBOC

FXStreet (Mumbai) - The Chinese central bank, PBOC, announced earlier on the day that it plans to introduce the macro prudential assessment (MPA) system in 2016.

PBOC also noted that MPA system will be the replacement of current dynamic adjustment in bank reserves. While, the capital adequacy ratio will remain at core of MPA system, the bank added.