The Securities Supervision Commission Revised and Issued the Provisions on Strengthening the Supervision of Listed Securities Companies

On May 10, the Securities Supervision Commission said that this revision highlights the goal-oriented and problem-oriented, and clearly requires listed securities companies to strive to return to the source, become better and stronger, and effectively assume the role of "leader" and "vanguard" leading the high-quality development of the industry with a clearer people's position, more advanced development concepts, stricter compliance risk control and more standardized and transparent information disclosure. The release and implementation of the "Regulations" will help to supervise and guide the securities industry to fully practice the road of financial development with Chinese characteristics, fully implement the nine articles of the new country, and comprehensively improve the level of serving the real economy and investors. In the next step, the Securities Supervision Commission will adhere to the main line of strong supervision, risk prevention, and development, continue to strengthen the daily supervision of securities companies, strengthen law enforcement accountability, and urge listed securities companies to implement a series of new requirements of the "Regulations" in place. Good experience and practices in practice are radiated to the whole industry to promote the high-quality development of securities industry institutions.