What Is Issuer Risk?

The host of a publishing unit that is legally responsible for the publication and distribution of a publication is also called a publisher.

[f xíng rén]

As the state power

In 1908, the "Law of the Qing Dynasty" began to have the title of "issuer". The "Republic of China Publishing Act" of 1914 separated authors, distributors, and printers, stating: "The distributors are limited to those who sell documents and drawings, but the authors and

The obligations and responsibilities of a legal issuer are: the issuer must apply to the competent government authority for registration and obtain a permit; the publication must state the issuer's name and address; the issuer (or (Authors of joint authors) must report to the competent authority for review and approval, or submit a sample book for record; In violation of the above provisions, in addition to seizing publications and stopping publication distribution, the publisher must be fined and other penalties; Publication content violations In the case of the Publishing Law and other laws and ordinances, in addition to the confiscation of publications and the prohibition of distribution according to the seriousness of the circumstances, the publisher and other relevant persons such as the author must be subject to civil and criminal penalties.

After the founding of the People's Republic of China, there were no special regulations regulating the definition, obligations and responsibilities of the issuer. The term "issuer" is generally no longer used. In 1954, the General Administration of Publishing's "Regulations on Book Edition Records" separated publishers from publishers, stipulating that the copyright page should record: "the names and locations of publishers and printers, and the names of publishers." Here, "publishers "Only indicates that it is the unit responsible for the general distribution of the book.