Just as the rules took effect on April 16, China's State Council published the regulations outlining the official Chinese news agency Xinhua's powers to oversee foreign financial information providers' business in China. A few of the issues not clarified in earlier statements by Xinhua officials were settled by the document, but much remains murky.
It now emerges that Xinhua will play a less active role in vendors' businesses than originally feared (Dealing & Investment Systems, Jan. 29). For
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails