Taiwan Business Bank Picks Wolters Kluwer Solution
Bank to use service for reporting, accounting and risk management
The Wuhan, China, branch of Taiwan Business Bank has chosen Wolters Kluwer's OneSumX regulatory reporting solution to help it meet increasingly stringent regulatory standards.
"Under the China Banking Regulatory Commission (CBRC)'s Basel III-related regulatory requirements, banks in China need to report capital and risk-weighted assets of credit risk, market risk, operational risk and liquidity risk," says Spark Wang, Shanghai-based senior banking regulatory intelligence expert at Wolters Kluwer
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