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China makes sweeping reform to financial sector regulation, and more

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China makes sweeping reform to financial sector regulation By Udaibir Das

While the world is preoccupied with the stability of the western banking system, China has been busy overhauling its financial regulatory architecture. With a major new reform announced on 7 March, this work has gone even further to strengthen financial stability. The dramatic changes are China’s fourth major reform in the past two decades, bringing the financial regulatory system under the tight, centralised control of the Chinese Communist Party. 

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 Why investing in women is key for a greener future
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By Barbara Rambousek
Tackling climate change requires difficult changes to how we live and work. It also requires that we draw on the ingenuity of all within society to develop and implement effective solutions.

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 NGEU signals new era in public finance philosophy
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By Lewis McLellan
The NGEU spending programme is pioneering a new style of accountability for the disbursement of public money. However, it will require an overhaul of monitoring systems.

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 MEETINGS 
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Gender Balance Index 2023
Thursday 20 April, In-person launch
OMFIF and the Australian High Commission to the UK will host a special evening to launch the 10th edition of the Gender Balance Index, presenting how the financial sector can address the issue of gender inequality in executive roles.

Register → 
 
 ON DEMAND 
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UK budget: the hardest debt decisions await
UK Chancellor of the Exchequer Jeremy Hunt had limited room for largesse in his 15 March budget. Neil Williams, OMFIF chief economist and Taylor Pearce, senior economist, discuss what’s in store for whoever is in power in 2024.

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 LATEST REPORT
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Sustainable Policy Institute journal, Spring 2023
This special edition of the journal examines women’s economic empowerment, how to narrow the gaps in financial inclusion and the connection between gender diversity and climate risks. 

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