Page 67 - 期货和衍生品行业监管动态（2024年11月）

期货和衍生品行业监管动态

2023, has been working to expand the Common Ground Taxonomy (CGT) under

the International Platform on Sustainable Finance’s (IPSF) to include the

Singapore-Asia Taxonomy. The exercise, which compares the green criteria of

the European Union, China and Singapore taxonomies, will be completed by the

end of this year. This will enable easier comparison of the green taxonomies of

Singapore and China and facilitate the provision of cross-border green loans,

green bond issuance and fund investments. In this regard, industry partners from

both countries have been collaborating on Panda Bond issuances through a Green

Corridor, to further catalyse green financing flows between Singapore and China.

? Explore Piloting the “Over-the-Counter” Bond Market Framework between

China and Singapore. MAS and the PBC are exploring a pilot with Singapore

and Chinese banks to enhance international investors’ access to China’s bond

market. The pilot will leverage the existing “over-the-counter” bond market

framework in China, to enable participating banks in Singapore to provide

trading and custody services for selected fixed income products for the China

Interbank Bond Market.

? Strengthening Collaboration in Indices and Exchange Traded Funds (ETF)

Product Links. Building on the good progress and strong investor interest in the

ETF Product Links between the Singapore Exchange (SGX) and the Shenzhen

and Shanghai Stock Exchanges, MAS and the China Securities Regulatory

Commission (CSRC) are also in discussions to expand the suite of products on

the ETF Product Links. In addition, SGX and China Securities Index are in

discussions to develop a second index after the successful launch of their

Emerging Asia Technology Index in January 2024. These collaborations will

enrich the regional capital markets ecosystem with new ETF products and indices

to cater to the evolving needs of investors.

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