All posts tagged "NAFMII"
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161ChinaICMA, NAFMII Publish Guidance on China Interbank Bond Market
The guidance includes a handbook on investing in the CIBM, as well as a set of case studies to help foreign companies better understand panda bond issuance.
September 27, 2021 -
116ChinaChina’s NAFMII Orders Bond Underwriters to End Price War
Lead bond underwriters are required to report their fees to NAFMII on a quarterly and annual basis and set up internal management systems to ensure their fees reflect market rates.
August 18, 2021 -
161ChinaPBOC Scraps Rule Requiring Bond Issuers to Obtain Credit Rating
Requirements for bonds issued in the interbank market to obtain a credit rating have disincentivised rating agencies from properly disclosing credit risks.
August 12, 2021 -
176China
ISDA, NAFMII Publish Standard Text to Enable IBOR Fallbacks in China
New definitions will come into effect on 29 October 2021 to enable firms to include contractual IBOR fallbacks into onshore derivatives transactions.
July 31, 2021 -
101ChinaNAFMII Reprimands Bond Market Makers Over Round-trip Trades
NAFMII has given a notice of criticism to China Minsheng Bank and summoned Guosen Securities and Guangdong Nanyue Bank for regulatory talks.
July 17, 2021 -
154China
China: NAFMII Revises Rules for Credit Derivatives
The rules remove a restriction that prohibited CDS and CLN from being linked to instruments other than non-financial corporate debt.
May 14, 2021 -
401ChinaChina Proposes Tighter Rules for Credit Rating Agencies
The proposed rules seek to strengthen supervision of credit rating agencies, improve their independence and quality controls, and ensure more realistic ratings.
March 31, 2021 -
434ChinaCSRC Bans Haitong Securities from Advisory Work for One Year
The CSRC said Haitong did not effectively control risk in its bond business dealings, which resulted in Yongcheng Coal's CNY 1 billion default.
March 25, 2021 -
372China
CSRC Revises Rules on Corporate Bond Issuance, Ratings
Companies will no longer be required to engage a rating agency and obtain a credit rating before they issue bonds for sale on the public market.
March 4, 2021 -
316ChinaState-owned Firms Issue China’s First Carbon-neutral Bonds
The bonds reportedly received a lukewarm response from investors who are seeking higher yields amid signs of tighter liquidity.
February 11, 2021
