Email Contact Phone Company Visit Website

Dublin, Ireland Head Office

65/66 Lower Mount st
Dublin
IE

Belgium Office

Kleine Kloosterstraat 23
St-Stevens-Woluwe
BE

The Netherlands Office

De Entree 234a
Amsterdam
NL

Portugal Office

Av. Duque de Loule, 106 - 11
Lisboa
PT

Spain Office

Planta (Floor) 10 Edificio Masters I Avda. General Peron 38
Madrid
ES

Ireland Office

Embassy House Ballsbridge
Dublin
IE

Hong Kong Office

Unit 10-18, 32/F, Tower 1 Millennium City 1 388 Kwun Tong Road
Kwun Tong
HK

Singapore Office

600 North Bridge Road # 12-01 Parkview Square
Singapore
SG

Luxembourg Office

89F, rue Pafebruch
Capellen
LU

France Office

4, Av. Bertie Albrecht
Paris
FR

Canada Office

181 Bay Street, Suite 4400
Toronto
CA

Dubai Office

Level 41, Emirates Tower Sheikh Zayed Road
Dubai
AE

India Office

1st Floor, Building E, East Tower, Marisoft III.
Kalyaninagar, Pune
IN

Poland, Warsaw Office

Swietokrzyska 36/31K
Warszawa
PL

Poland, Bydgoszcz Office

Gdanska 68/4
Bydgoszcz
PL

Romania Office

Sapatorilor street 5
Cluj-Napoca
RO

Switzerland, Laussane Office

Avenue Louis Ruchonnet 2
Avenue Louis Ruchonnet 2
CH

Switzerland, Zurich Office

Bederstrasse 1
Zurich
CH

United States, Massachusetts Office

130 Turner Street, Building 3 Fourth Floor
Waltham
MA
US

Wolters Kluwer Financial Services - UK Office

5th Floor 120 Aldersgate Street
London
GB

Telephone

0035316624233

Contact

Wolters & Kluwer In
[email protected]
Back to all Wolters Kluwer announcements

State Bank of India Selects Wolters Kluwer Financial Services’ Regulatory Reporting Solution for New Branch in China

Reporting Solution Allows Branch in Tianjin to Submit the Operational, Financial and Accounting Reports Required by the PBOC, CBRC and SAFE Regulators 

Wolters Kluwer Financial Services announced today that State Bank of India, the largest multinational financial institution in India by assets, has selected its regulatory reporting solution for its newly opened branch in Tianjin, in order to comply with the reporting requirements in China. Under the deal, State Bank of India will submit the operational, financial and accounting reports required by the People’s Bank of China (PBOC), China Banking Regulatory Commission (CBRC) and China State Administration of Foreign Exchange (SAFE).

After selecting Wolters Kluwer Financial Services’ regulatory reporting solution in 2006, when State Bank of India first entered the Chinese market, the financial institution has continued to use the solution in its China Head Office, based in Shanghai. With the new branch in Tianjin, State Bank of India took the opportunity to centrally manage its compliance commitments across China as it continues to expand, through optimization of Wolters Kluwer Financial Services’ automated regulatory reporting capabilities.

“We are exceptionally proud of our strong relationship with State Bank of India, now in its seventh year and their decision to select our regulatory reporting solution for its new branch is a testament to that relationship and the continuous work of our team of experts in China,” said Chris Puype vice president, APAC at Wolters Kluwer Financial Services. “With the plethora of differing reports required by the three regulatory bodies in China, including the latest instalment announced at the end of 2012, SAFE No.36, our experience of regulatory reporting, spanning over 20 years, means State Bank of India has made the right choice.”

Wolters Kluwer Financial Services’ regulatory reporting solution covers 50 countries’ individual regulatory requirements, covering the full spectrum of reporting types: statutory (balance sheet reports, profit and loss reports), prudential (capital adequacy reports, liquidity reports), statistical (securitization reports, banking statistics) and transactional (MiFID reports, balance of payments reports).