The official website of the China Securities Regulatory Commission on May 22, in order to optimize the classification supervision system of securities companies, promote securities companies to enhance risk management capabilities, and guide the development of the securities industry, the CSRC will amend the relevant provisions of the “Regulations on the Classification of Securities Companies” , Now open to the public for comments.

The classified supervision system is a basic supervision system in the securities industry. In May 2009, the China Securities Regulatory Commission issued the “Regulations on the Classification of Securities Companies”, which established a classification evaluation index system, which was revised twice in May 2010 and July 2017. In recent years, the classified supervision system has played a positive and positive role in promoting securities companies to strengthen compliance risk control and enhance core competitiveness, which has been recognized by the industry and the market.

The main contents of this revision include:

First, maintain the current risk management capabilities and continue to comply The situation-based classification evaluation system and effective practices of securities companies focus on optimizing relevant evaluation indicators and focusing on solving outstanding problems encountered in practice.

The second is to further strengthen compliance and prudent business orientation. Focus on making the classification evaluation results more accurately reflect the compliance risk control situation of the securities company, improve the deduction rules for the punishment measures taken by the securities company and its personnel, and clearly reduce the classification level of the company’s governance and internal control serious failure The basis for comprehensive review of evaluation indicators and standards for strengthening risk management capabilities. Optimize risk management capabilities and add sub-items, guide securities companies to strengthen capital constraints, improve the effectiveness of comprehensive risk management, and effectively achieve full coverage of risk management.

The third is to further strengthen the orientation of professional service capabilities. Adapting to the development of the industry, optimizing market competitiveness evaluation indicators in terms of operating income, securities brokerage, investment banking, asset management, institutional customer service and transactions, wealth management, and information technology investment, reflecting both the comprehensive strength of securities companies Its special business capability guides securities companies to highlight their main businesses, make them better and stronger, and at the same time guides the differentiated development of the securities industry.

Welcome all sectors of the society to put forward valuable opinions. The CSRC will make further amendments based on the public solicitation of opinions and publish and implement them after performing the procedures.


About the “About AmendDivision Classification Regulations> Decision “Notice for Public Consultation
(Original title: The CSRC publicly solicits opinions on the” Decision on Amending the Regulations on the Classification of Securities Companies “)