A revised draft of filing-based asset securitization will be completed soon, according to the China Securities Regulatory Commission (CSRC) on Friday.
"Information disclosure will be a focus ...and the integrity of underlying assets will be emphasized," said CSRC spokesman Deng Ge.
The commission canceled administrative examination and approval of asset securitization in February this year to streamline regulation.
After the change, asset-backed securities that meet certain requirements on a "negative list", which will specify assets that cannot be securitized, can be issued by notifying the CSRC.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
