Disparate cyber norms, ecosystems and standards could emerge across the globe due to decreasing reliance on Western technology as a result of geopolitical tensions.
The plan will seek to transform Chongqing into a green finance hub in five years, with "rich green financial products and services".
Banks, wealth management companies, and insurance companies are required to perform self-assessments to identify and rectify violations.
The rules cover internal controls in relation to investment management, related party transactions, and risk reserves, among other areas.
A unified and standardised carbon emission statistical and accounting system will be established by 2023 and gradually improved until 2025.
IMDA proposes a transition period from October until the end of this year to give organisations time to register their sender IDs.
The Ministry of Finance strengthened rules around offshore investments, risk monitoring, and debt restructuring for "zombie enterprises".
Securities firms will be allowed to design more diversified trust products, enabling them to better meet customers' financial planning needs, the FSC said.
ICBC, Bank of China, China Construction Bank and Agricultural Bank of China will launch encourage personal deposits in retirement savings products.
The proposed rules also raise the capital requirements for finance companies, while strengthening risk management and governance obligations.