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交易商协会对北方信托予以严重警告

The Trade Association issues a severe warning to Northern Trust.

Breakings ·  Sep 30 17:10

On September 30, the China Interbank Market Dealers Association's self-discipline information showed that Norinco International Cooperation Stock Co., Ltd. (hereinafter referred to as "Northern Trust"), as the product manager, assisted Huangshi Cihu High-tech Technology Development Co., Ltd. in the issuance process by purchasing its own multiple debt financing instruments issued through the managed trust plan, seriously affecting the market issuance order and violating relevant self-discipline management rules of the interbank bond market. According to the relevant self-discipline regulations of the interbank bond market, after deliberation at a self-discipline penalty meeting, Northern Trust was severely warned and instructed to comprehensively and thoroughly rectify the compliance management issues exposed in this incident in aspects such as product establishment and investment operations.

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