The listing of Chinese companies in Singapore will be supported.
The Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) agreed to collaborate on the development of their capital market policies during the second MAS-CSRC Supervisory Roundtable.
According to a press release, MAS and CSRC agreed on initiatives to support the listing of qualifying Chinese companies in Singapore and explore possible mutual recognition of collective investment schemes.
The two countries also agreed to develop a staff exchange programme between the two authorities.
MAS and CSRC discussed regulatory developments in the derivatives markets and their respective frameworks for supervising fund managers.
Representatives from the financial industries in Singapore and China were invited to the meeting to share their experiences and insights into possible capital markets collaboration initiatives between both countries.
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