China Banking Regulatory Commission (CBRC) has signed with the
Ukraine Central Bank a memorandum of understanding on cooperation
in cross-border banking regulation, the industry watchdog announced
on Tuesday.
The two sides agreed that they would strengthen cooperation in
information exchange, market access and field inspection, CBRC
sources said.
CBRC has signed similar documents on cooperation in banking
regulations with banking watchdogs from 23 nations and regions, the
sources added.
The 23 nations and regions included the US, Britain, Canada,
Germany, South Korea, Singapore, Hong Kong, Macao, Italy, Australia
and Russia.
(Xinhua News Agency February 7, 2007)
