People's Bank of China and China Banking Regulatory Commission, Administration of Pilot Projects for Securitization of Credit Assets Procedures
中国人民银行、中国银行业监督管理委员会信贷资产证券化试点管理办法
June 02, 2005 | BY
clpstaff &clp articlesPromulgated: April 20 2005Effective: as of date of promulgationInterpreting authority: People's Bank of China and China Banking Regulatory CommissionMain…
Promulgated: April 20 2005
Effective: as of date of promulgation
Interpreting authority: People's Bank of China and China Banking Regulatory Commission
Main contents: The Procedures comprise nine parts:
Part One: General Provisions
Part Two: Credit Asset Securitization Sponsors and Special Purpose Trusts
Part Three: The Trustee of a Special Purpose Trust
Part Four: Loan Service Institutions
Part Five: Fund Custodians
Part Six: Offering and Trading of Asset Backed Securities
Part Seven: Information Disclosure
Part Eight: Rights of Holders of Asset Backed Securities and the Exercise Thereof
Part Nine: Supplementary Provisions
Related legislation: PRC People's Bank of China Law (Revised), Dec 27 2003, CLP 2004 No.1 p4; PRC Banking Regulation Law, Dec 27 2004 No.1 p45; PRC Trust Law, Apr 28 2001, CLP 2001 No.5 p22; Administration of Bond Transactions in the National Inter-bank Bond Market Procedures, Apr 30 2000, CLP 2000 No.6 p9 and Verification of the Trading and Circulation of Bonds in the National Inter-bank Bond Market Rules, Dec 7 2004, CLP 2005 No.2 p6
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now