HKUEMS :: Event Details

Is the System of Shadow Banking in China a Risk for the Chinese Financial System?
posted by Faculty of Law for HKU and Public
Event Type: Public Lecture/Forum/Seminar/Workshop/Conference/Symposium
Event Nature: Law and Politics

Event Details

Is the system of shadow banking in China a risk for the Chinese financial system?

Mr. Oriol Caudevilla
Autonomous University of Barcelona, UAB

Date: September 15, 2017 (Friday)
Time: 1:30pm – 2:30pm
Venue: 11/F Academic Conference Room, Cheng Yu Tung Tower, Centennial Campus, HKU
Language: English

Abstract:
The shadow banking system in Mainland China has experienced a rapid growth since the global financial crisis, surprisingly rebounding in the first quarter of this year, despite the many efforts by the central bank to curb off-balance activities. Since Chinese regulators discourage lending to certain industries, large state-controlled banks dominate the system (the state provides a great deal of direction to them), the limit of bank loans to deposit is constraining, the need for an alternative system of financing has arisen in China. Shadow banks, for instance, are not subject to bank limits on loan or deposit rates, avoid costly PBOC reserve requirements and, basically, allow many companies that cannot obtain financing through regular bank loans or bonds to obtain such financing. Does shadow banking imply a risk for the whole of the Chinese financial system? Is there a real need for shadow banking activities in China? How can the Chinese authorities curb shadow banking but, at the same time, meet the needs of all these companies that require financial services to be more widely available in China?

About the Speaker:
Mr. Oriol Caudevilla is a PhD candidate on Hong Kong Real Estate Law and Economics (Autonomous University of Barcelona, UAB). He holds a Degree in Law from the UAB as well, an MBA with specialization in Finance from the Instituto de Estudios Bursatiles and he studied a Diploma on Asian Finance at the Chinese University of Hong Kong (CUHK) Business School. He has been visiting fellow at the Asian Institute of Financial Law and the Centre for Chinese Law at the University of Hong Kong. Mr.Caudevilla is currently working as a legal assistant/business analyst in a Hong Kong listed company, and, before that, he worked as a business lawyer in Spain and as a Guest Lecturer at ESADE Business & Law School, where he taught Banking Supervision. His research areas include Real Estate Law and Economics, Financial and Banking Law, Islamic Finance and Comparative Law (EU-China-Hong Kong). He has published a book on the regulation of European banks in China and several articles on Spanish and international journals on topics such as the Chinese banking system, the system of public housing in Hong Kong, Chinese tourism and Urbanism.

ALL ARE WELCOME

Date/Time15/09/2017 13:30-14:30
Venue11/F Academic Conference Room, Cheng Yu Tung Tower, The University of Hong Kong
LanguageEnglish

Registration Instruction

Registration is open from 28/08/2017 17:00(HKT) to 15/09/2017 12:00(HKT) on a first-come-first-served basis. The registration quota for this event is 100. Registrants will be placed on a waiting list if the registration quota is reached.

* Registration is now closed.

Contact Information

Should you have any enquiries, please feel free to contact Shelby Chan by email at shelbyc@hku.hk