People's Bank of China, Measures for the Administration of the Short-Term Commercial Paper of Securities Companies (Revised Draft for Comments)

中国人民银行证券公司短期融资券管理办法 (修订征求意见稿)

Liquidity management is the core requirement for issuance of short-term commercial paper by securities companies

1 minute readMay 28, 2021 at 05:03 AM

Susan Mok

Issued: March 5, 2021

Main contents: The Measures abolish pre-issuance record filing, only requiring securities companies that issue short-term commercial paper to report their annual liquidity management plans and issuance plans to the People's Bank of China before their first issuance each year.

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