CSRC plans to further optimize the classification and evaluation system for securities companies, guiding industry institutions to focus on high-quality development.

On June 20th, the China Securities Regulatory Commission solicited public opinions on the "Provisions on Classification Evaluation of Securities Companies (Revised Draft)". This revision adjusted the title of the rules from "Provisions on Classification Regulation of Securities Companies" to "Provisions on Classification Evaluation of Securities Companies", in line with the system framework focusing on classification evaluation. The key modifications include: emphasizing the guidance to promote the role of securities companies, improving the evaluation framework; integrating and optimizing business development indicators appropriately, guiding industry institutions to focus on high-quality development, and supporting the differentiated development and specialized operation of small and medium-sized institutions; highlighting the direction of "cracking down on large and evil" and optimizing the means of lowering evaluation results, while adjusting the deduction points reasonably to enhance the rationality of evaluation; summarizing the experience of previous classification evaluations and clarifying the rules for handling special issues. This article is excerpted from: CSRC official website; GMTEight Editor: Li Fo.