Expanding Cooperation to Facilitate the Opening up of the China’s Bond Market
CCDC Held Successful Promotion Activities at SIBOS 2019 London
23-25 September, China Central Depository & Clearing Co., Ltd. (hereinafter referred to as “CCDC”) attended SIBOS 2019 Annual Conference organized by SWIFT (Society for Worldwide Interbank Financial Telecommunications) in London, in which China’s bond market was widely publicized and promoted. Throughout the conference session, CCDC successfully held various exchange activities around the success of the opening up of China bond market, and achieved good results.
SIBOS is an annual global financial event hosted by SWIFT, and is the largest conference in the financial industry worldwide. Held alternately in Asia, Europe and the Americas, the event attracts nearly 10,000 professionals each year from financial institutions, market infrastructures, multinational enterprises and Fintech companies to discuss cutting-edge topics in the financial field. This year the event was held from 23 to 26 September in London. More than 200 exhibitors participated the conference, and more than 100 presentations, speeches and community sessions were held in the Exhibition venue.
During the Exhibition, the booth attracted over 100 representatives from various types of financial institutions including stock exchanges, custodian banks, international financial associations, Fintech companies, consultancy firms and other financial service vendors. SIBOS is an important international platform for financial institutions around the world to communicate and exchange ideas. During SIBOS, CCDC had one-on-one meetings with overseas counterparties, investors, technological solution providers and international financial associations, so as to identify more possibilities for future cooperation. CCDC also held a cocktail reception during SIBOS. Representatives from nearly 50 institutions attended the reception, and had in-depth communication with us, laying foundation for future business cooperation.
In addition, CCDC also attended sessions of SIBOS on topics including FMI development, RMB internationalization, opening up of China’s bond market, financial intermediary service optimization, international financial standards, and FinTech, etc.. These sessions provided good opportunities to learn international experiences, promote China’s practices and have business exchanges. CCDC was also invited to the Asia Pacific Securities Market Infrastructure Roundtable Meeting.
Through its promotion activities at SIBOS London, CCDC provided the overseas institutions with an easy and direct understanding of China’s bond market, demonstrated the achievements of the opening up of China’s financial market in recent years, as well as the important role played by FMIs during this process. CCDC’s promotion activities enhanced the international reputation and influence of China’s bond market. With the steady opening up of China’s bond market, CCDC will continue providing safe, efficient and professional FMI services, to make itself a world-class FMI provider and play more positive roles in the opening up of China’s bond market.