PBOC vice governor Yin speaking at a wealth management forum 19 Aug
- China should curb regulatory arbitrage
- interconnection in finance sector should be reduced
- finance regulators should increase co-ordination
- better balance of financial innovation vs regulation needed
Yin says the comments are his own and don't represent official stance.
Here's a few "official" comments I posted during the week:
Chinas-safe-says-it-will-increase-flexibility-of-foreign-exchange-rate-20170817
China-outline-plans-to-increase-foreign-investment-20170816
Chinas-banks-finish-self-assessment-under-a-regulatory-crackdown-20170818
More-from-china-interbank-assets-and-liabilities-both-shrank-in-q2-for-20170818
I have to head out now. Have a great week-end one all, and thanks as always for your excellent support and input.
China- More balance needed between innovation and regulation says Yin
