PBC Officially Recognized SHCH as a Qualified CCP
In 2015, PBC evaluated SHCH according to Principles for Financial Market Infrastructures（PFMI), which concluded that the CCP clearing services offered by SHCH met the requirements of PFMI. On Jan. 13th, 2016, PBC officially recognized SHCH as a Qualified CCP.
This strongly contributes to the consolidation of China’s financial market infrastructure construction and the enhancement of system risk management. Besides, this promotes the cross-border supervision coordination and market cooperation.