China needs a super-watchdog

China needs an overarching financial regulator to help maintain financial stability as the country opens up its capital account.

China needs a super-watchdog

China needs an overarching financial regulator to help maintain financial stability as the world’s second-largest economy opens up its capital account to the world.

Roller-coaster markets, bungled attempts to prop up prices, and mixed policy messages illustrate why a unified body is urgently needed.

A super-regulator could be created by merging the country’s three main financial regulators for securities markets, banking and insurance under the control of the central bank. This would...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: china | pboc | cbrc | circ | csrc | regulation | compliance | pan gongsheng

Print Edition

FinanceAsia Print Edition

EVENTS