Credit concerns grow as Chinese companies shun new documentation

contract-signing-big-jpg

Chinese corporates and China-incorporated foreign banks are engaging lawyers to draft their own "in-house" derivatives documentation to bypass the onerous credit support provisions attached to China's new derivatives master agreement.

The companies' ultimate regulator, the State-owned Assets Supervision and Administration Commission (Sasac), is not forcing state-owned corporates to sign the new master agreement, but the document is being promoted as standard for over-the-counter derivatives mark

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: