EU finance chief says ditch national symbols to boost capital market
Merging national stock exchanges and clearing houses and pan-EU supervision are the next steps needed to achieve a better capital market for the bloc, its financial services chief said. European Union member states should set aside such “national symbols” and recognise that consolidation is crucial to develop a single market for capital, said Mairead McGuinness. […]
China securities regulator vows to strengthen oversight, resolve risks
China’s securities regulator said on Tuesday it will strengthen regulation of all financial activities and prevent and resolve risks, in a move to improve and reform financial markets amid a wobbly economic recovery. The China Securities Regulatory Commission (CSRC) said in a statement it will maintain a “zero-tolerance” stance on illegal activities in the capital […]