The Standing Committee on the Economy yesterday reviewed the work report of the Financial Regulatory Authority (FRA) and found its performance satisfactory. The FRA has mentioned certain obstacles to its working better. One is that its computers are not high-speed enough and are also not secure against hacker attacks, posing a threat to the confidentiality of individual and corporate financial data. The FRA also does not have its own office and lacks enough mining finance professionals. It wants to send its officials abroad for training in mineral resources trade.

Members also decided to prepare some issues, such as capital market development following expansion of mining, for Parliament to decide.