AsianInvestor's regulatory roundup, Oct 29
Singapore eyes Rmb initiatives; regulation in Korea under fire; Asic sets out priorities; CSRC tightens delisting rules; Chinese insurers allowed to invest in preferred shares; ICI Global welcomes Stock Connect MoU; and Paris, HK sign MoU on Rmb.
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Singapore: RMB-related initiatives mooted
The Monetary Authority of Singapore proposed on October 27 allowing China-incorporated financial institutions to issue Rmb-denominated debt instruments in the Lion City directly. The aim is to diversify long-term funding for Chinese financial institutions by allowing them to tap into the international institutional investor base in Singapore.
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