Singapore, China deepen ties in capital markets supervision, connectivity
They also witnessed the establishment of an ETF Product Link.
The Monetary Authority Singapore (MAS) and China Securities Regulatory Commission (CSRC) have deepened their ties in capital markets supervision and connectivity.
The MAS and CSRC also tackled the initial public offering registration system and capital markets structural reform in China as well as the supervisory approach for fund management and investor protection in Singapore.
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“MAS and CSRC have forged a strong partnership over the years. Our cooperation has supported the growth of Singapore and Chinese financial institutions and broadened mutual participation by players in both capital markets,” MAS Deputy Managing Director (Financial Supervision) Ho Hern Shin said.
“The annual supervisory roundtable has been a valued platform for deepening this relationship through regular dialogue and cooperation on issues of mutual interest.”
The MAS and CSRC also witness the establishment of an Exchange Traded Funds (ETF) Product Link with the signing of a memorandum of understanding between the Singapore Exchange and Shanghai Stock Exchange.