Core Viewpoint - The Trading Dealers Association has initiated self-regulatory investigations into institutions that have violated fundraising regulations, emphasizing the importance of proper fund usage and the responsibilities of intermediary institutions [1][2]. Group 1: Regulatory Actions - The Trading Dealers Association has been monitoring the usage of funds raised through debt financing tools and has found instances of fund misappropriation and mixing, leading to self-regulatory investigations against related institutions [1][2]. - In March, the Association issued a notice detailing typical violations regarding the use of raised funds, highlighting the need for a mechanism to ensure funds flow to designated areas [2][3]. Group 2: Responsibilities of Regulatory Banks - Regulatory banks are seen as a "safety valve" for the compliant use of raised funds, and they must be institutions familiar with the relevant market regulations [3]. - There have been issues with regulatory banks failing to adequately review fund usage, leading to a lack of oversight and accountability [2][3]. Group 3: Compliance and Best Practices - Companies are urged to strengthen their compliance awareness and ensure that they select appropriate regulatory banks, adhering to disclosure obligations when changing regulatory banks [3]. - The Association emphasizes the importance of training and internal checks to prevent violations and ensure lawful fund usage [1][2].
交易商协会,出手!
券商中国·2025-08-19 08:09