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Russian Central Bank, China's Securities Regulator Agree to Cooperate

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The Bank of Russia and the China Securities Regulatory Commission (CSRC) signed a memorandum of cooperation on Saturday.

BEIJING (Sputnik) — The Bank of Russia and the China Securities Regulatory Commission (CSRC) signed a memorandum of cooperation on Saturday.

Additionally, the Russian central bank signed off on a roadmap for insurance cooperation with the China Insurance Regulatory Commission (CIRC) in 2016-2018.

The memoranda were part of a batch of some 30 agreements sealed by Russian and Chinese state bodies and companies that seek to bring the two neighbors closer together.

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