China futures brokers will have to appoint chief risk officer

News

asiarisk-sep07-01-gif

China will issue new regulations requiring futures brokers to establish the post of chief risk officer (CRO) to ensure appropriate risk management is conducted at all licensed firms, Asia Risk learned in early August.

Huang Yuncheng, deputy director-general of the Futures Supervision Department of the China Securities Regulatory Commission, says the commission is drafting regulations due to be issued before the end of 2007.

The launch date for trading in index futures based on the Shanghai

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here