In December 2016,
National Development and Reform Commission (NDRC) and China
Securities Regulatory Commission (CSRC) released Notice
of the Ministry
of Finance, the People's Bank
of China, and the China
Securities Regulatory Commission on
Issues concerning Regulating the Asset Securitization of Public - Private - Partnership Projects, which however, still can not solve some key legal issues such as asset independence and bankruptcy isolation in terms of the insufficient SPV legisl
Issues concerning Regulating the Asset Securitization
of Public - Private - Partnership Projects, which
however, still can not solve some key legal
issues such as asset independence and bankruptcy isolation in terms of the insufficient SPV legisl
issues such as asset independence and bankruptcy isolation in terms
of the insufficient SPV legislation.