The PBOC and Other Five Departments Jointly Issued a "Notice on ... the Bond Market Credit Rating Industry"
On August 6, the People's Bank of China and the Development and Reform Commission, the Ministry of Finance and other five departments jointly issued a "notice on promoting the healthy development of the bond market credit rating industry". The next step will be to continue to work with relevant departments to strengthen the supervision and management of the credit rating industry, to promote credit rating agencies to effectively play the role of bond market "gatekeeper", to help the continued healthy development of the bond market.
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