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 17th Joint Council for Bilateral Cooperation 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.”

Source: Monetary Authority of Singapore