The China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) today held the 13th high-level meeting on regulatory cooperation in Hong Kong.
The SFC’s senior executives led by its Chief Executive Officer, Ms Julia Leung, met with the CSRC’s senior officials led by its Vice-Chairman, Mr Fang Xinghai, at the SFC’s office.
At the meeting, the two regulators exchanged views on the latest capital market situation, reviewed recent achievements of cross-boundary regulatory and enforcement cooperation, and discussed various market development cooperation initiatives.
The two sides reached consensus to further enhance and expand various mutual market access schemes, including Stock Connect, Cross-boundary Wealth Management Connect and Mutual Recognition of Funds, further strengthen the cooperation on the derivatives market and asset management industry, and explore other initiatives to promote the healthy development of the Mainland and Hong Kong capital markets.
