Page 29 - நின்று குழு ஆஃப் தி தேசிய மக்கள் காங்கிரஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Date 03/06/2021 Good morning. Thank you very much to the City of London Corporation and China Central Depository & Clearing Co., Ltd. (CCDC) for organizing this important event and inviting me to deliver welcoming remarks. It’s a privilege to address the London RMB Business Monitoring Group, and to speak alongside Madam Jin Mei from the People’s Bank of China (PBOC) and Mr Xu Liangdui from CCDC. I’m delighted to be able to share some reflections at this very exciting juncture in the evolution of China’s capital markets. The global margin requirements for non-cleared derivatives have been a major focus for ISDA over the past five years. This was one of the main financial reforms that was put in place after the financial crisis to make the system safer and more resilient. ISDA has worked with members and regulators to implement the margin requirements since the first phase of counterparties came into scope in 2016.

City ofUnited kingdomXu liangduiJin meiInternational monetary fundBusiness monitoring groupAdministration of foreign exchangePeople bankStanding committee of the national people congressCity of london corporationChina securities regulatory commissionAsia securities industry financial markets associationChina central depository clearing co ltdLondon corporationChina central depositoryMonitoring group