Stability and Effectiveness, the Starting Points of Any Financial Regulatory Reform
ANBOUND
After the two-sessions, the whole nation has been watching closely on the reform of the financial regulatory system.
ANBOUND's research team is of the view that it doesn’t matter which model of reform is being adopted, the government should adhere to the principle of 'stability’ and the reform plan must be truly effective and the financial institutions should be prudent in their business practices.
In order to avoid weak regulation or ineffective regulation, regulators must be empowered by strengthening the legislation and enhancing the regulatory bodies.