China’s National Financial Regulatory Administration signed an agreement with Canada’s Office of the Superintendent of Financial Institutions on bilateral regulatory dialogue. The Nov. 8 meeting addressed financial market developments and financial sector opening in both directions. Participants also welcomed the earlier resumption of the dialogue mechanism and a new round of talks.
China’s National Financial Regulatory Administration (NFRA) signed a cooperation agreement with Canada’s Office of the Superintendent of Financial Institutions on bilateral financial regulatory dialogue at a Nov. 8 meeting. Discussions covered recent financial market developments and opening the two countries’ financial sectors to each other.
NFRA head Ding Xiangqun and Canadian Finance Minister François-Philippe Champagne co-chaired the meeting, which welcomed the earlier resumption of the dialogue mechanism and a new round of talks. Previous exchanges between the regulators included an April 2 meeting covering financial regulatory reform and the development and application of artificial intelligence.
The China Banking and Insurance Regulatory Commission reported that Party Committee Secretary and chair Li Yunze met with Peter Routledge, head of Canada’s Office of the Superintendent of Financial Institutions. The discussions covered the international economic and financial situation, financial regulatory reform, and the development and…