Shanghai and Shenzhen stock exchanges improve and optimize the audit rules system of corporate bond registration system

category:Finance
 Shanghai and Shenzhen stock exchanges improve and optimize the audit rules system of corporate bond registration system


Shenzhen Stock Exchange issued the business guidelines for innovative corporate bonds of Shenzhen Stock Exchange No. 1 - green corporate bonds, No. 2 business guidance for innovative corporate bonds of Shenzhen Stock Exchange - renewable corporate bonds, No. 3 business guidance for innovative corporate bonds of Shenzhen Stock Exchange - poverty alleviation special corporate bonds, and corporate bond innovation of Shenzhen stock exchange The guidance on variety business No. 4 - special corporate bonds for rescue and Shenzhen Stock Exchanges guidance for innovative varieties of corporate bonds No. 5 - short term corporate bonds (hereinafter referred to as the guidance on innovative varieties), the centralized sorting, optimization and integration of the business rules and documents concerning the notice, guidance, question and answer of the original innovative varieties of corporate bonds will provide long-term guidance The content with normative significance and mature conditions has been upgraded to the relevant business rules of the exchange, and efforts have been made to create a concise and clear sequence rule system of corporate bond innovation products. The guidelines for innovative varieties shall be implemented as of the date of promulgation.

The Shenzhen Stock Exchange has the following characteristics: first, reduce the level of rules. By issuing innovative product guidelines, abolishing the relevant scattered low-level innovative product notice, guide, question answering, etc., to build a concise and efficient rule system. The second is to realize merger and integration. The guidelines for innovative varieties have merged the regulatory policies of innovative varieties horizontally and reduced the number of rules, which indicates that the product sequence and rule system with general corporate bonds as the basic varieties and some corporate bonds with special attributes as the characteristic varieties has been initially formed. The third is to raise the supervision temperature. The information disclosure requirements for green, renewable, short-term, relief, poverty alleviation and other innovative products will be included in the guidelines for innovative varieties, and the subrules will be numbered uniformly to facilitate the identification and inquiry of market entities, and provide more warm regulatory services for market entities. Fourth, stabilize market expectations. The guidelines for innovative varieties released in this batch specify the special issuance conditions and application material requirements of five types of innovative products, and enhance the transparency of audit and supervision. Source: Securities daily.com Author: Zhang Xin, Jiang Nan, editor in charge: Wang Xiaowu_ NF