The International Commodities and Derivatives Association (ICDA) has signed a memorandum of understanding (MoU) with the China Futures Association (CFA) covering wide-ranging co-operation between the two associations including training and global advocacy.
The signing ceremony took place during ICDA’s 2016 Bürgenstock conference, which hosts the world’s oldest meeting of international regulators in private session.
Mingwei Wang, chairman of CFA, says: "It is a great honour to be attending the ICDA meeting and to be signing this memorandum for cooperation between our two associations. Promoting international relationships is one of the most important aims of the China Futures Association.”
Daniel Day-Robinson, chairman of ICDA, says: "We are delighted to have signed this MOU with the China Futures Association. It reflects the importance ICDA places on reaching out across the industry globally and in pursuit of our mandate which reflects our members’ interest. These include the development of new products, platforms and markets across commodities and derivatives and engaging with the complex global regulatory debate. ICDA is the only association headquartered in continental Europe and serving a community in one of the world’s most important commodity hubs.”
