January 20, 2022

On December 23, 2021, CISFC held the investment supervision meeting for Q4 2021. Investment portfolio supervisors and liaisons from 13 investment managers and custodian banks attended the meeting.

The meeting reviewed the supervisory and management programs for CISF portfolios in Q4, discussed the investment blacklist and the watch list under the 2022 investment guidelines, identified relevant issues in the supervisory activities, and proposed specific requirements for the supervisory activities in the coming months.

The meeting noted that risk prevention is the top priority in the supervision of CISF portfolios. Consequently, supervisory efforts in the near future will focus on the following three aspects: (1) tracking changes in the 2022 investment guidelines, updating indicator requirements in a real time manner, and timely communicating with investment managers to implement risk control work; (2) monitoring changes in the investment blacklist and the watch list to strictly control credit risks; and (3) strictly implementing CISFC’s regulations governing the integrity of dealings with cooperation partners, and creating sound cooperative relations with them by strengthening cooperation and communication.