The "Decision of the People's Bank of China on Amending Some Regulations" will come into effect on July 1, 2026

On May 22, the "Decision of the People's Bank of China on Amending Some Regulations" was reviewed and approved at the 3rd Administrative Meeting of the People's Bank of China in 2026. It is now promulgated and will be implemented from July 1, 2026. Articles 8, 13 and 25 of the Measures for the Administration of Financial Bond Issuance in the National Inter-bank Bond Market (Order of the People's Bank of China [2005] No. 1) will be deleted. Amend the second paragraph of Article 2 to "Financial institutions as referred to in these Measures as legal persons, including policy banks, commercial banks and other financial institutions." Amend the expression of "Central Clearing Corporation" in Article 26 to "Central Depository of Bonds". Amend Article 28 to read "Issuers shall fulfill information disclosure obligations before and during the issuance of financial bonds." Amend Article 36 to read "Issuers shall submit relevant information disclosure documents to the financial bond issuance management information system. The financial bond issuance management information system is maintained by the service support institution designated by the People's Bank of China. Service support institutions shall simultaneously send information disclosure documents to financial infrastructure operating institutions such as the Central Depository of Bonds, and promptly report and announce violations of information disclosure regulations to the People's Bank of China. "Financial infrastructure operators shall disclose the information submitted by the issuer in a timely, accurate and complete manner through the official website." Amend the expression of "custodian institution" in Article 40 to "central bond depository institution".