Yao Gang, the former IPO chief at China's securities regulator, becomes the next casualty of the government's anti-graft drive. The CSRC has responded by saying it will improve internal scrutiny.
Xiao Gang, chairman of China's securities regulator, says mainland companies can expect more flexible rules when it comes to both domestic and overseas listings.
The China Securities Regulatory Commission has thrown its weight behind reform of foreign ownership limits and the pension system, and voiced support for the extension of mutual recognition beyond Hong Kong.
The China Securities Regulatory Commission has merged eight departments and added four in response to the swift development of the country's capital markets and funds industry.
Beijing pledges offshore RQFII quota for London, but the city's shallow RMB pool coupled with its trade deficit with China could hinder its prospects of becoming a thriving offshore hub.
Regulatory detail is expected soon on how sunshine-fund firms can sell traditional mutual funds. StarRock is among those already planning a new division to tap the retail market.