B · Normal
[The Association of Brokers warns Oriental Jincheng Involving violations of rating independence requirements, etc.] On September 8, the National Association of Financial Market Institutional Investors announced that after investigation, Oriental Jincheng International Credit Rating Co., Ltd. (hereinafter referred to as "Oriental Jincheng"), as a credit rating agency in the inter-bank bond market, had the following violations of the relevant self-regulatory regulations of the inter-bank bond market: First, it violated the requirements of rating independence. In a certain project, marketers repeatedly participated in asset integration discussions organized by the issuer to obtain a high credit rating. , the planned asset integration plan clearly affected the rating results; second, the reasons for scoring some model indicators were conflicting, insufficient, and unobjective; third, the requirements for the marketing system and customer credit risk monitoring and disposal in the internal control system were not strictly implemented, and the compliance supervision mechanism was not implemented in place; fourth, the due diligence interviews confused the rating objects, some records were wrong, and they were applied to each other, and the necessary information for some rating indicators was not fully collected in accordance with the requirements of self-regulatory rules. In accordance with the relevant self-regulatory regulations of the inter-bank bond market, after deliberation and decision at the self-regulatory disciplinary meeting, Oriental Jincheng was given a warning and ordered to conduct comprehensive and in-depth rectification of the marketing compliance management, due diligence and other issues exposed in this incident.
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