China Securities Regulatory Commission, Provisions for the Administration of the Subordinated Obligations of Securities Companies

中国证券监督管理委员会证券公司次级债管理规定

January 10, 2013 | BY

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Requirements on issuance of subordinated obligations lowered to decrease the cost of financing for securities companies.

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Promulgated: December 27 2012
Effective: as of date of promulgation


Applicability:
For the purposes of these Provisions, the term “subordinated obligation of a securities company” means a subordinated debt taken