The China Securities Regulatory Commission (CSRC) is a government ministry of the
State Council of the People's Republic of China (PRC). It is the main regulator of the
securities industry in China Securities industry in China is an article on the securities industry in mainland China.
History
*1995, China's first joint venture investment bank – China International Capital Corp (CICC) was established, shareholders included Morgan Stanley ...
.
History
China's first Securities Law was passed December 1998, and became effective July 1, 1999. It is the nation's first comprehensive securities legislation, and 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".
[, note 1.] The CSRC is empowered to issue opinions or "Guideline Opinions", which are not legally binding, as guidelines for publicly-traded corporations.
Indicative of the role of the CSRC, China's highest court, the
Supreme People's Court
The Supreme People's Court of the People's Republic of China (SPC; ) is the highest court of the People's Republic of China. It hears appeals of cases from the high people's courts and is the trial court for cases about matters of nation ...
–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."
See also
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Economy of China
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Untraded shares
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Beijing Stock Exchange
The Beijing Stock Exchange (BSE; ) is a stock exchange based in Beijing, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
H ...
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Shanghai Stock Exchange
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Shenzhen Stock Exchange
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Law of the People's Republic of China
The Law of the People's Republic of China, officially referred to as the Socialist legal system with Chinese characteristics, is the legal regime of China, with the separate legal traditions and systems of mainland China, Hong Kong, and Macau.
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China Banking Regulatory Commission
The China Banking Regulatory Commission (CBRC) was an agency of the People's Republic of China (PRC) authorised by the State Council to regulate the banking sector of the PRC except the territories of Hong Kong and Macau, both of which are spe ...
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China Insurance Regulatory Commission
The China Insurance Regulatory Commission (CIRC) was an agency of China authorized by the State Council to regulate the Chinese insurance products and services market and maintain legal and stable operations of insurance industry. It was founded o ...
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Hedge fund industry in China The hedge fund industry in China was established in the early 1990s, and has so far undergone four stages: infancy, formation, rapid expansion, and adjustment and standardization.
Categories
Currently hedge funds in China fall into two categories ...
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China Venture Capital Association China Venture Capital Association (CVCA) is a Venture Capital industry trade group that itself says "promotes the interest and the development of venture capital ("VC") and private equity ("PE") industry in the Greater China Region."
CVCA was foun ...
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China Securities Journal
The ''China Securities Journal'' (abbreviated as CSJ or ZGZQB), also transliterated as ''China Securities Post'' or ''China Securities News'', is a national securities newspaper in China, published by Xinhua News Agency. It is based in Beijing, a ...
References
External links
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{{authority control
1992 establishments in China
Financial regulatory authorities of China
Government agencies established in 1992
Government agencies of China
Organizations based in Beijing
Securities and exchange commissions
State Council of the People's Republic of China