Circular on Working Effectively on the Submission of Credit Risk Management Reports for Asset-backed Securities for the First Half of 2019
Circular on Working Effectively on the Submission of Credit Risk Management Reports for Asset-backed Securities for the First Half of 2019
Circular on Working Effectively on the Submission of Credit Risk Management Reports for Asset-backed Securities for the First Half of 2019
Shang Zheng Han [2019] No.845
May 22, 2019
Market players,
In order to further strengthen the credit risk management during the period of existence of asset-backed securities and enhance the ability to detect and identify the credit risk of asset-backed securities, the Shanghai Stock Exchange (the "SSE") hereby makes notification on matters relating to the submission of the credit risk management report of asset-backed securities for the first half of 2019 as below:
I. All market players shall, in accordance with the Guidelines of the Shanghai Stock Exchange on the Credit Risk Management for Asset-backed Securities in the Duration (for Trial Implementation) (the "Guidelines"), practically conduct the risk management over risk monitoring, troubleshooting, early warning by category, resolution, disposal, etc., and actively fulfill the credit risk management obligation and the corresponding reporting obligation.
II.
......
Shang Zheng Han [2019] No.845
May 22, 2019
Market players,
In order to further strengthen the credit risk management during the period of existence of asset-backed securities and enhance the ability to detect and identify the credit risk of asset-backed securities, the Shanghai Stock Exchange (the "SSE") hereby makes notification on matters relating to the submission of the credit risk management report of asset-backed securities for the first half of 2019 as below:
I. All market players shall, in accordance with the Guidelines of the Shanghai Stock Exchange on the Credit Risk Management for Asset-backed Securities in the Duration (for Trial Implementation) (the "Guidelines"), practically conduct the risk management over risk monitoring, troubleshooting, early warning by category, resolution, disposal, etc., and actively fulfill the credit risk management obligation and the corresponding reporting obligation.
II.
......