Plan to promote securitization
By Cai Xiao | China Daily | Updated: 2013-08-10 08:33
The China Securities Regulatory Commission is actively working with the China Banking Regulatory Commission to promote credit securitization, a CSRC spokesman said on Friday.
"The CSRC is actively discussing with related departments [various] issues including expanding the scope of pilots and risk assessment," the spokesman told China Daily.
He added that the CSRC has not yet decided to establish any particular rule on credit securitization.
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