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Eight central units jointly issued opinions on str
Published:7/10/2019 4:03:00 PMViews: 105
Recently, the China Securities Regulatory Commission, the National Development and Reform Commission, the People's Bank of China, the State-owned Assets Regulatory Commission of the State Council, the State Administration of Market Supervision, the China Banking and Insurance Regulatory Commission, the China Civil Aviation Administration and the China National Railway Group Company Limited jointly issued the "On the Pilot of the Registration System for Science Creative Plates". The opinions of relevant market participants on strengthening supervision information sharing and improving the joint punishment mechanism for dishonesty (hereinafter referred to as "opinions").
As the first credit supervision document specializing in the joint punishment of information sharing and dishonesty in specific financial fields, this document is an important measure taken by the joint issuing units to implement the directive spirit of the Central Committee of the Party and the State Council on improving the cost of capital market violations, improving the supporting guarantee of scientific innovation board, and promoting the construction of social credit system. Liu He, Vice Premier of the State Council, gave a speech on strengthening the construction of credit system and safeguarding the spirit of the cornerstone of capital market development at the opening ceremony of the Securities Exchange. It is also a detailed requirement for the relevant provisions of the Opinions on the Implementation of the Securities Exchange and the Pilot Registration System approved by the Party Central Committee and the State Council. Implementation.
Starting from the top-level design of social credit system construction, the Opinion clarifies four working mechanisms from two aspects: strengthening inter-ministerial information sharing and joint punishment for dishonesty. The first is strengthening inter-ministerial supervision information inquiry needed for issuing and listing of science and technology innovation board and issuing and registration. The Securities Regulatory Commission and the Shanghai Stock Exchange rely on the credit information system established by the State Development and Reform Commission, the People's Bank of China and the General Administration of Market Supervision to obtain the credit information, credit information and publicity information of issuers, listed companies, intermediaries and related personnel. The second is to strengthen the push of dishonest information. In the pilot project of the registration system for science and technology innovation board, the information of dishonesty such as administrative penalties, market ban, supervision measures, disciplinary sanctions and criminal transfer imposed by the SFC and exchanges on issuers, listed companies, intermediaries and relevant responsible persons shall be promptly transmitted to the State Development and Reform Commission, the People's Bank and the General Administration of Market Supervision and Control, etc. Credit information platform integrated into its management. Thirdly, in the process of examination and registration of the Securities Regulatory Commission and the Shanghai Stock Exchange Branch, it is found that the issuer, listed company and related personnel have records of breaking the law and breaking the faith in other fields and other departments, which can be used as an important reference for fulfilling the duties of examination and registration. Fourth, the State Development and Reform Commission, the People's Bank, the General Administration of Market Supervision, the State Asset Management Commission, the Banking and Insurance Regulatory Commission, the Civil Aviation Administration and the State Railway Group are responsible for fraudulent issuance and registration, illegal information disclosure, violation of the relevant provisions on sponsorship or securities services in the pilot system of registration of Science and technology creation boards according to law and regulations, and 11 joint failures of credit are implemented. Disciplinary measures.
"Opinions" is of great significance to actively create a good market ecology and a good environment for the registration system. The publication of "Opinions" is conducive to strengthening the integrity verification of relevant market participants in the pilot of the registration system of science and technology creation board, implementing the compliance requirements in the registration system, and effectively increasing the cost of dishonesty of key responsible groups for fraudulent issuance and information disclosure through joint punishment of inter-ministerial dishonesty. In the next stage, the SFC will effectively promote the implementation of the various provisions of the Opinion, work with relevant units to ensure the smooth progress of the pilot reform of the registration system of the Section's innovative board and promote the stable and healthy development of the capital market.