The event was held on 19 March 2014 at the Auditorum of Bank of China, Central.
Topics: Latest Development in the China’s financial sectors – the good & bad of “Shadow Banking”
Speakers: Mr William Yung, PwC Partner
“China’s Third Plenum unveiled a roadmap which China’s new leadership will adopt in guiding the nation’s development over the next decade. This sets out far reaching changes which will shape the ace & direction of reforms and will have a fundamental ipact on the Chinese financial sector. At the same time, China’s financial services industry is facing the prospect of rapid change following a period of significant growth over the last decade.”
PwC’s William Yung hosted a session to share perspectives on the risks arising from interplay of various trends such as the development of the banking market as China moves to allow the market to play a greater role, the growth of the non-bank financial institutions (shadow banking) sector as well as challenges posed by disruptive technologies from non-traditional financial services players.
About 120 participants from the members attended the forum.