China’s derivatives guidelines set for launch
The publication of China’s long-awaited derivatives regulations has moved a step closer following the release of new draft guidelines by the country’s banking regulator, the China Banking Regulatory Commission (CBRC), in October. And given the brief consultation period – just two weeks were allowed for the submission of comments – market participants suggest that the finalised rules could be published before the end of the year.
“It looks like [the CBRC] is near the end in terms of getting it
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