AsianInvestor's regulatory roundup, August 26
FSB calls for better coordination in China; HK financial firms given greater freedom; SFC recovers $23m; Japan reviews stewardship code; and SFC reappoints executives.
China: FSB calls for better regulatory coordination
The Financial Stability Board has urged China to develop better information-sharing processes between the authorities in order to coordinate the country’s financial system.
“Enhancing inter-agency coordination and developing an integrated risk assessment framework will promote a common understanding of objectives and risks, which will in turn facilitate joint policy actions and public communication,” said the report, which was p…
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