TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsSingapore, China securities regulators to strengthen ties
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
The Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) agreed to strengthen supervisory cooperation and facilitate the development of their capital markets. (ST file/-)
T
he Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) agreed to strengthen supervisory cooperation and facilitate the development of their capital markets, during the second MAS-CSRC Supervisory Roundtable held in Singapore on Tuesday.
The MAS and CSRC discussed regulatory developments in the derivatives markets and their respective frameworks for supervising fund managers.
They also deliberated on enhancing information-sharing arrangements for derivative products through an upgraded memorandum of understanding.
The roundtable was co-chaired by MAS deputy managing director Ong Chong Tee and CSRC's vice-chairman Fang Xinghai.
The roundtable is one of the key outcomes of Chinese President Xi Jinping's state visit to Singapore in 2015. He had called for securities regulators from both sides to hold regular high-level dialogue sessions. The inaugural roundtable was held in Chongqing, China, in April last year.
"As global capital markets become more interlinked, it is important for supervisory authorities to promote greater understanding of their respective regulatory frameworks," Ong said.
"With growing cross-border capital market activities taking place between China and Singapore, the MAS-CSRC Roundtable provides a good platform for both agencies to exchange views on potential areas for supervisory cooperation on a regular and timely basis."
