Project Data Sheet

Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

PDS Creation Date
PDS Updated as of 29 Sep 2014

Project Name Promotion of a Legal Framework for Financial Consumer Protection
Country China, People's Republic of
Project/Program Number 47042-001
Status Approved
Geographical Location
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Sector Public sector management
Subsector Economic and Public Affairs Management
Strategic Agendas Inclusive economic growth (IEG)
Drivers of Change Governance and capacity development (GCD)
Gender Equity and Mainstreaming Categories

Financing

Type/Modality of Assistance Approval Number Source of Funding Approved Amount (thousand)
Technical Assistance8498Technical Assistance Special Fund400
Counterpart 30
TOTAL US$ 430

Summary of Environmental and Social Issues

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation and Consultation

During Project Design
The FCPB was actively involved in review and decision-making on the project design and outputs.
During Project Implementation
The EA is closely involved with the start-up of work by the consultants recruited to date.

Description

Project Rationale and Linkage to Country/Regional Strategy

Development Impact

Improved protection of consumers of financial products and services

Project Outcome

Description of Outcome
A regulatory framework and cooperation mechanism for financial consumer protection
Progress Towards Outcome
Initial work and reserach has begun and the inception meeting and inception missions were held.

Outputs and Implementation Progress

Description of Project Outputs
Assessment of current financial consumer protection practices in PRC Assistance to the establishment of a legal and regulatory framework for financial consumer protection and supervision by the FCPB Promotion of coordinated financial consumer protection in PRC
Status of Implementation Progress (Outputs, Activities, and Issues)
Inception reports have been prepared and a revised schedule completed. Planning is underway for the national workshop and study tour.
Status of Development Objectives
Material Changes

Business Opportunities

Date of First Listing 2013 Oct 10
Consulting Services
ADB will engage the international and national consultants, as well as any resource persons, in accordance with ADB s Guidelines on the Use of Consultants (2013, as amended from time to time). The proceeds of the TA will be disbursed in accordance with ADB s Technical Assistance Disbursement Handbook (2010 as amended from time to time). An Advance Payment Facility (APF) will be used for training, seminar and conference administration by the EA.
Procurement
Procurement and Consulting Notices
http://www.adb.org/projects/47042-001/business-opportunities

Timetable

Concept Clearance 27 Sep 2013
Fact-finding 25 Jul 2013 to 25 Jul 2013
Management Review Meeting
Approval 31 Oct 2013
Last Review Mission

Milestones

Approval No. Approval Signing Effectivity Closing
Original Revised Actual
Technical Assistance 8498 31 Oct 2013 14 Feb 2014 14 Feb 2014 28 Feb 2015 30 Sep 2015

Utilization

Date Approval Number ADB (US$ thousand) Others (US$ thousand) Net Percentage
Cumulative Contract Awards
Cumulative Disbursements

TA Amount (US$ thousand)

Approval Number Approved Amount Revised Amount Total Commitment Uncommitted Balance Total Disbursement Undisbursed Balance
Technical Assistance 8498 400 400 193 207 55 345

Contacts and Update Details

Responsible ADB Officer Giacomo Giannetto ( @adb.org)
Responsible ADB Department East Asia Department
Responsible ADB Divisions Public Mgt, Financial Sector and Regional Coop Division, EARD
Executing Agencies

Links

Project Website http://www.adb.org/projects/47042-001/main
List of Project Documents http://www.adb.org/projects/47042-001/documents