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PBOC accept S&P Credit Rating (China) Limited to enter the interbank bond market for bond rating business

Fang submitted 2019-01-29 19:09:22

On January 28, the Business Administration Department of the People's Bank of China issued an announcement for the record of S&P Global Inc., a wholly owned subsidiary of S&P Global Inc. in Beijing. On the same day, the China Association of Interbank Market Traders also announced acceptance of the registration of S&P Credit Rating (China) Limited to enter the interbank bond market for bond rating business. This indicates that S&P has been allowed to enter China formally to carry out credit rating business.

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