The United Kingdom (UK) and Singapore held the 7th UK-Singapore Financial Dialogue in Singapore today. Both countries renewed their commitment to deepening the UK-Singapore Financial Partnership that was agreed in 2021, discussed mutual priorities such as sustainable finance, FinTech and innovation, and agreed on further cooperation in these areas.
MAS and CSRC Advance Regulatory Collaboration and Capital Markets Connectivity at the 6th Bilateral Roundtable
Singapore, 3 February 2022…The Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) exchanged information to advance cooperation in capital markets supervision and connectivity at the 6th MAS-CSRC Supervisory Roundtable last week. Both sides discussed the implementation of the capital markets collaboration initiatives announced at the recent between Singapore and China held in December 2021.
2. Co-chaired by MAS’s Deputy Managing Director Ms Ho Hern Shin and CSRC’s Vice Chairman Mr Fang Xinghai, the Roundtable focussed on key supervisory issues, which included developments in sustainability reporting, OTC derivatives reporting requirements, as well as the supervisory and regulatory approaches for exchange traded products and market misconduct. MAS and CSRC also exchanged views to strengthen capital markets connectivity and support deeper collaboration between our exchanges.
3. Ms Ho said, “CSRC and MAS enjoy strong and warm relations, and benefit from a close supervisory partnership. Given the interest by our financial institutions to expand in each other’s markets and evolving market developments, the annual Roundtable is an important platform to discuss supervisory issues and areas of common interest, including sustainable finance.”