Establishing a Market Conduct Supervision Mechanism for Financial Consumer Protection (ADB-51023-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 20, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 0.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 20, 2020

Disclosed by Bank Sep 20, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

No description provided at the time of disclosure

IMPACT

Financial system regulatory reform and accountability deepened

CONSULTING SERVICES
The consultants as well as resource persons will be engaged by ADB in accordance with the Guidelines on the Use of Consultants (2013, as amended from time to time). Consultants will be recruited individually in line with the Midterm Review of Strategy 2020. One international (5 person-months) and one national consultant (8 person-months total) will be individually selected and engaged by the Asian Development Bank.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

People's Bank of China
32 Cheng Fang Street
West District, Beijing, 100800
People's Republic of China

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main