Securities Supervision Commission: Standardize the behavior of controlling shareholders and actual controllers, and further improve the review responsibilities and decision-making requirements for related party transactions

On July 25th, the China Securities Supervision Commission publicly solicited opinions on the "Listed Company Governance Guidelines (Revised exposure draft) ", which mentioned that the supervision system of directors and senior managers should be improved, and comprehensive norms should be carried out from the aspects of their appointment, performance, and resignation, and directors and executives should be urged to perform their duties faithfully and diligently. Improve the incentive and restraint mechanism for directors and senior managers, require listed companies to establish a compensation management system, and stipulate that the compensation of directors and executives should match the company's operating performance and personal performance, so as to promote the better realization of interest binding between directors and executives and the company. < b > Standardize the behavior of controlling shareholders and actual controllers. Strictly limit the inter-industry competition that may have a significant adverse impact on listed companies, and further improve the review responsibilities and decision-making requirements for related party transactions. <