MAS and CBIRC enhance strong supervisory ties at the 12th Bilateral Roundtable
Singapore, 12 December 2022… The Monetary Authority of Singapore (MAS) and the China Banking and Insurance Regulatory Commission (CBIRC) enhanced their close ties and welcomed further exchanges to advance supervisory cooperation at the 12th bilateral roundtable held on 2 December 2022.
2The meeting, co-chaired by MAS' Deputy Managing Director (Financial Supervision), Ms Ho Hern Shin, and CBIRC’s Vice Chairman, Mr Zhou Liang, discussed the recent regulatory and supervisory developments in the banking and insurance sectors. Both regulators have also agreed to deepen cooperation in topical areas such as green finance and supervisory technology.
3 Ms Ho said, “MAS and the CBIRC have been holding this regular roundtable since 2006. The roundtable continues to be an important platform for both sides to learn about key developments in each other’s financial markets and exchange information to facilitate the consolidated supervision of relevant entities.”