China Securities Regulatory Commission plans to improve the continuous supervision mechanism of dispatched agencies for the termination of listed companies

China News Network2025-05-08

China News Service, Beijing, March 18 (Reporter Chen Kangliang) The China Securities Regulatory Commission publicly solicited opinions on the "Regulations on Supervision Responsibilities of the China Securities Regulatory Commission's Sent-official Organization (Draft for Soliciting Opinions)" (hereinafter referred to as the "Draft for Soliciting Opinions") on the 18th. Among them, the "Draft for Soliciting Opinions" intends to improve the risk emergency, information notification and sharing, and continuous supervision mechanism of the CSRC's dispatched agencies for the termination of listed companies.

The head of relevant departments of the China Securities Regulatory Commission said that in order to further standardize the regulatory responsibilities of the China Securities Regulatory Commission's dispatched agencies, the China Securities Regulatory Commission revised the "Regulations on Supervision Responsibilities of the China Securities Regulatory Commission's dispatched agencies" and formed the "Draft for Soliciting Opinions".

According to reports, this revision includes many aspects.

About regulatory responsibilities: clarify the dispatched agency to implement administrative filing in accordance with laws, administrative regulations and the authorization of the China Securities Regulatory Commission; clarify the supervision functions of the dispatched agency to provide guidance on the public offering and listing; clearly include matters such as network and information security, investor protection, integrity supervision and constraints in daily inspection matters, etc.

About risk prevention and disposal: Standardize the responsibilities of dispatched agencies in data reporting, inspection, risk warning, disposal, and investigation involving network and information security; improve the risk emergency, information notification and sharing, and continuous supervision mechanism of dispatched agencies for terminating listed companies; optimize the risk disposal mechanism of private equity funds, and require dispatched agencies to carry out risk monitoring and early warning, and strengthen cooperation with local governments in supervision, risk disposal, etc. in accordance with relevant regulations.

About other responsibilities: Authorized dispatching agencies may promote the application of the advance compensation system of relevant entities in accordance with the law; it is clear that dispatching agencies shall inform relevant investor protection agencies of the cases in which special representative litigation procedures may be applied in their jurisdiction, and assist in the handling of relevant cases; it is stipulated that dispatching agencies are responsible for supporting and cooperating with the scientific and technological supervision of the capital market, etc. (End)

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