China’s central bank has stepped up risk assessment efforts that will oversee fast-growing, off-the-book wealth-management products, but analysts say the impact will be limited. Bank sources told Caixin that they had received a notice that off-balance-sheet wealth-management products will be incorporated into the Macro Prudential Assessment (MPA) system, a framework adopted by the central bank this year to gauge risks in bank-credit exposure. The system takes into account banks’ capital adequacy and leverage ratios; asset quality, liquidity and foreign debt risks; and interest-rate pricing. Bankers said the measure was unlikely to have a significant effect in the short term, as it is primarily a self-discipline mechanism. By the end of June, 454 banks in China had raised $3.9 trillion through wealth management products, up 11.83% from the beginning of 2016.