Beijing Business Daily News (Reporter Song Yitong) On September 30th, the China Interbank Market Dealers Association released a self disciplinary action information showing that Northern International Trust Co., Ltd. (hereinafter referred to as "Northern Trust"), as the product manager, assisted Huangshi Cihu High tech Development Co., Ltd. in purchasing its own multi period debt financing instruments during the issuance process through the managed trust plan, seriously affecting the market issuance order and violating the relevant self regulatory management rules of the interbank bond market.
The Interbank Market Dealers Association pointed out that according to the relevant self-discipline regulations of the interbank bond market, after deliberation at the self-discipline disciplinary meeting, Northern Trust has been severely warned and ordered to carry out comprehensive and in-depth rectification of compliance management issues in product establishment, investment operation and other aspects exposed in this incident.