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Beijing said to be using new system to manage ABS

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Published Thu, Nov 20, 2014 · 09:50 PM

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Shanghai

CHINA'S banking regulator has started to manage the issuing of asset-backed securities (ABS) through a registration system, simplifying the process, according to sources with direct knowledge of the situation.

The move represents another major step by Chinese regulators to establish market-oriented mechanisms for the issuing of securities.

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