日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
China / Government

Foreign experts advise a unified regulatory approach

By Jiang Xueqing (China Daily) Updated: 2014-09-29 07:34

Foreign experts advised China to deepen financial reforms and strengthen regulation by having unified supervision across sectors during a forum of world experts on China's financial services development in Beijing on Sunday.

The forum was sponsored by the State Administration of Foreign Experts Affairs and the Development Research Center of the State Council. It discussed how China might learn from the success of the financial services sector in London after consulting with a number of foreign experts in the last two years.

Gerry Grimstone, chairman of Standard Life Assurance Co and chairman of The City UK, submitted a paper to the administration and said that the Chinese regulatory bodies have a specific sector of focus and have not been able to prevent the building up of potential systemic risk in areas they do not regulate.

Neither have they been able to prevent the inappropriate selling of financial products to customers who, very often, do not understand the risks of the products they are buying, Grimstone said.

"Customer products cross regulatory boundaries, and only a unified regulatory approach, backed up by stiff penalties, can provide the protection that is necessary," he wrote.

In his view, the role of the State in market-facing financial institutions should be progressively reduced.

"The State should operate only through specially established policy bodies or through transparent intervention," he wrote.

The importance of the rule of law, which Grimstone believes is paramount for markets to succeed, was also highlighted by other foreign experts.

Jonathan Blake, senior partner at King & Wood Mallesons SJ Berwin, said: "For financial markets and the financial sector to flourish, the rule of law has to be seen to operate at all times and to be accessible, with regulators being accountable but independent of political influence."

During the past two years, foreign experts have submitted 19 papers to China's top decision-makers on various topics including environmental protection, financial services and food safety.

Zhang Jianguo, administrator of the State Administration of Foreign Experts Affairs, said: "China is at a critical moment of deepening reforms. By listening to the advice of foreign experts, we have a chance to learn of the successful experiences as well as lessons of development from other countries."

jiangxueqing@chinadaily.com.cn

Highlights
Hot Topics
...
主站蜘蛛池模板: 欧美精品在线播放 | 成人综合在线视频 | 国产精品九九九九九九 | 香蕉av网站 | 欧美精品一区二区三区视频 | 午夜毛片在线 | 久久久久久久久久国产 | 日韩视频免费 | 波多野结衣一区二区三区高清 | 久久久久一区 | 一本色道久久综合亚洲二区三区 | 欧美精品久久久久久久久老牛影院 | 深夜福利在线视频 | 肉丝av| 香蕉视频一区 | aaa成人| wwwxx国产| 91禁外国网站| 日韩色图av| 国产精品视频导航 | 久操国产在线 | 一区二区三区有限公司 | 欧美日韩精品一区 | 欧美色图色就是色 | 欧美黄色大片在线观看 | 日韩成人精品视频 | 久久国产高清视频 | 杨思敏毛片| 播五月婷婷| 快色视频在线观看 | jlzzjlzz亚洲女人 | av片在线观看免费 | 欧美成人亚洲 | 国产精品jizz | 亚洲一区二区三区蜜桃 | 羞羞答答一区 | 久艹精品| 久草在在线 | 女人18毛片一区二区三区 | 中文字幕 亚洲一区 | 精品久久久精品 |