China and Oman sign securities and futures regulatory cooperation memorandum in Beijing

China Securities Regulatory Commission Chairman Wu Qing signed a memorandum of understanding on securities and futures regulatory cooperation with Oman Foreign Minister Badr in Beijing, with the heads of state of both countries witnessing the ceremony. The memorandum, between the CSRC and Oman Financial Services Authority, is intended to strengthen regulatory exchange and cooperation in securities and futures and promote the healthy development of both countries' capital markets. A CSRC official said the signing marks a new stage in bilateral securities regulatory cooperation. The CSRC has signed similar bilateral memorandums with 68 countries and regions, establishing cross-border regulatory and law enforcement cooperation mechanisms.