01 Mar 2020
The amended “Securities Law of the People's Republic of China” (the "Securities Law" for short) will come into effect starting from March 1, 2020. In order to carry through the work arrangement of the State Council for enforcing the “Securities Law”, the registration-based system for the public issuance of corporate bonds will be put into practice from March 1, 2020, according to the overall arrangements of the China Securities Regulatory Commission (CSRC). The Shanghai Stock Exchange (SSE) today officially issued the "Notice on Business Arrangements of Shanghai Stock Exchange for Implementing Registration-based System for Public Issuance of Corporate Bonds" (No. 13  of the Shanghai Stock Exchange, hereinafter referred to as the "Notice"). To this end, the relevant SSE official answered the questions about the business arrangements for the implementation of the registration-based system on the corporate bonds.