China Securities Association’s International Business Committee (expanded) met
in Beijing on Aug. 3 to advance plans for building first-class, Chinese-style
investment banks and institutions. The committee reported stage progress on
cross-border data and cross-border capital work and set H2 research priorities:
universal global investment bank development models, boutique/specialist
investment banks and service providers, overseas investment bank
internationalization strategies and governance, functional roles of overseas
securities firms, international regulatory frameworks for securities
institutions, and using FTZ pilots to support high-quality development. It said,
with regulatory support and guidance, it will produce high-quality industry
research and policy recommendations to move from identifying to solving
cross-border operational and internationalization issues for the securities
sector.