Meanwhile, in formulating the requirements for the issuance and redemption of special lending and special bills as well as the evaluation procedure, the PBC closely integrated financial support into the process of rural credit cooperative reform, so as to gradually bring them “to a new stage”.
Before imposing more regulatory burden on smaller banks in this area, I would like to understand whether there is any evidence that incentive compensation has caused excessive risk taking in such institutions. We are nearing the end of the rulemaking phase of Dodd-Frank and our changes on capital standards, at least those regulations that most directly affect community banks.