June 06, 2022

On March 25, 2022, CISFC held the investment supervision meeting for Q1 2022. Investment portfolio supervisors and liaisons from 13 investment managers and custodian banks attended the meeting.On March 25, 2022, CISFC held the investment supervision meeting for Q1 2022. 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 Q1, discussed the credit risks of bond holdings and the watch list, 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) monitoring credit risks of portfolios and tracking any downgrading of or major negative public opinion on bond holdings and investable bonds; (2) centering on performance appraisal to avoid deductions of scores and seek additions for portfolios; and (3) further strengthening communication and exchange and strictly implementing CISFC’s regulations governing the integrity of dealings with cooperating partners.