• Source: China Securities Regulatory Commission

The China Securities Regulatory Commission (CSRC) is a government agency directly under the State Council of the People's Republic of China. It is the main regulator of the securities industry in China.




History


Indicative of the role of the CSRC, China's highest court, the Supreme People's Court–at least as of 2004–has declined to handle securities-related litigation directly, instead deferring such judgments to the CSRC.
In November 2022, it stated its role to build "a capital market with Chinese characteristics".
In 2023, the CSRC was upgraded to a government agency directly under the State Council. Additionally, it was granted responsibility auditing corporate bond issuances from the National Development and Reform Commission.
In late 2023 and early 2024, the CSRC instructed some institutional investors not to sell stocks in order to stabilize share prices.




Functions


China's first Securities Law was passed December 1998, and became effective July 1, 1999. The nation's first comprehensive securities legislation, it grants CSRC "authority to implement a centralized and unified regulation of the nationwide securities market in order to ensure their lawful operation". The CSRC oversees China's nationwide centralized securities supervisory system, with the power to regulate and supervise securities issuers, as well as to investigate, and impose penalties for "illegal activities related to securities and futures". The CSRC is empowered to issue opinions or "Guideline Opinions", which are not legally binding, as guidelines for publicly traded corporations.




List of chairpersons






See also


Beijing Stock Exchange
Shanghai Stock Exchange
Shenzhen Stock Exchange
China Banking Regulatory Commission
China Insurance Regulatory Commission
China Securities Journal
List of financial regulatory authorities by jurisdiction




References






External links


Official website

Kata Kunci Pencarian:

• Bursa Efek Shanghai
• Bursa berjangka
• Mata uang kripto
• Mata uang digital
• China Securities Regulatory Commission
• List of financial regulatory authorities by jurisdiction
• National Financial Regulatory Administration
• Guotai Junan Securities
• Shanghai Stock Exchange
• Xiao Gang
• Huatai Securities
• Beijing Financial Street
• China Securities
• Zhou Xiaochuan