On October 22-29, 2013, a delegation led by NAFMII Deputy Secretary-General Feng Guanghua led a delegation to Ireland and France. During the visit, the delegation successively visited Irish National Treasury Management Agency (NTMA), Paris Europlace, Standard Chartered Bank, BNP Paribas and University College Cork to have in-depth discussions on prevention and subsequent management of risks in the financial market, European financial supervision and latest trend of financial market development.

During the visit, the delegation consulted the Irish and French counterparts about the current status and future trend of the financial markets in their countries, mechanism designs of the primary and secondary market for OTC bonds and the latest dynamics of supervisory reform, and particularly exchanged views on the management framework, major responsibilities, solutions and investor protection mechanisms in relation to compliance risk and credit risk in the bond market.

The delegation holds talks with NTMA.

The delegation holds talks with Paros Europlace.

During the visit, Mr. Feng briefed the relevant Irish and French organizations about the development of the Chinese bond market and the work NAFMII has done to promote product and system innovation, self-regulatory management and member service in the interbank market. He also expressed visions to further enhance communication and cooperation with these organizations. All of the visited-organizations said that Chinese financial market, especially the bond market, has made rapid progress. They appreciated NAFMII’s efforts to propel financial market development as a self-regulatory organization and hoped to further deepen bilateral cooperation and intensify communication and cooperation in risk management, market information exchange, joint research fields with NAFMII.

The visit has enhanced mutual understanding between NAFMII and international financial market, laying a good foundation for NAFMII to conduct further international exchanges in the future.