Jul 15, 2021

On June 25, 2021, CISFC held the investment supervision meeting for Q2 2021. Investment portfolio supervisors and liaisons from 13 investment managers and custodian banks attended the meeting.

Attendees reviewed the supervisory and management programs for CISF portfolios in Q2 and discussed the following issues: investment blacklist, directory of central SOEs, debt rating, concentration review, filing of loss-making trades, and financing cost control.

The meeting noted that risk prevention is a top priority in the supervision of CISF portfolios. Consequently, supervisory efforts in the near future will focus on the following three aspects: (1) for all portfolios, closely monitoring changes in indicators and negative market sentiments, and periodically updating the credit rating of holdings; (2) strengthening the communication between portfolio supervisors and investment managers to ensure the smooth running of investment activities; and (3) for all portfolios, enhancing price deviation management to ensure fair transactions.