Regulatory Alerts2021-09-01
Added · Updated
Communiqué on Lease Certificates
The Capital Markets Board issued this Communiqué to regulate the issuance of lease certificates and the establishment and operations of asset lease companies. It defines five certificate types based on ownership, management agreements, trading, partnerships, and EPC contracts, while establishing strict rules for asset valuation, investor protection, and corporate governance. The document mandates separate accounting for each issuance and restricts asset disposal to ensure the security of certificate holders' interests.
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