Caixin
Feb 08, 2022 07:40 PM
FINANCE

Chinese and Singaporean Regulators Vow to Support ETF Connect

What’s new: China’s top securities regulator and Singapore’s central bank said they’ll support the two countries’ exchanges in launching exchange-traded fund (ETF) products that can be traded on each other’s markets, according to a Monday statement from the Chinese side.

Fang Xinghai, a vice chairman of the China Securities Regulatory Commission (CSRC), and Ho Hern Shin, a deputy managing director of the Monetary Authority of Singapore (MAS), also discussed strengthening cooperation in securities and futures markets, regulatory approaches, and green finance at a bilateral supervisory roundtable on Jan. 26, the statement said.

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