AsianInvestor's regulatory roundup, August 12
CSRC chief’s job at risk; HKMA fines Indian bank; FSB delays risk assessment protocols; Asic sees strong fintech progress; and SEC to enforce pay ratio disclosure.
China: CSRC chief’s job at risk
The head of the China Securities and Regulatory Commission (CSRC) could be replaced because of his handling of the mainland’s A-share market turmoil, according to a report on Monday (August 10).
Quoting two sources, Reuters said the Communist Party had already shortlisted three potential candidates to replace the current chairman Xiao Gang, although a final decision has yet to be made.
The potential candidates include Huang Qifan, who is currentl…
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