The China Securities Regulatory Commission released 3 financial industry standards, including the "Securities and Futures Business Field Data Element Specification Part 4: Securities Exchanges".

Recently, the China Securities Regulatory Commission issued three financial industry standards: "Data Element Specification for Securities and Futures Industry Part 4: Securities Exchanges," "Data Element Specification for Securities and Futures Industry Part 5: Enterprise Asset Securitization Business," and "Regulatory Data Collection Specification for Futures Companies Part 2: Asset Management Business." These standards will be implemented from the date of publication. The "Data Element Specification for Securities and Futures Industry Part 4: Securities Exchanges" standard specifies the classification, names, meanings, data types, and lengths of business-related data elements for securities exchanges in China. It provides necessary guidance for securities and futures industry institutions to carry out related data construction and application practices. The implementation of this standard will help standardize data processing and storage, improve data circulation efficiency, and accelerate the digital transformation in the industry while strengthening information disclosure in key areas. The "Data Element Specification for Securities and Futures Industry Part 5: Enterprise Asset Securitization Business" establishes a set of data element specifications applicable to the full lifecycle of enterprise asset securitization business. The implementation of this standard will provide practical and common specifications for enterprise asset securitization business data in the securities and futures industry, aiming to strengthen industry data governance foundations, promote efficient sharing of industry information, and contribute to the construction of a high-quality and digitalized capital market. The "Regulatory Data Collection Specification for Futures Companies Part 2: Asset Management Business" standard specifies the business definitions and data types of asset management business elements for futures companies. The implementation of this standard will help improve the industry's data governance level and standardization of regulatory data, clarify regulatory data collection standards, and promote the digital and intelligent transformation of regulation. In the next steps, the China Securities Regulatory Commission will continue to do well in data governance and business service standard setting, promote the orderly development of capital market information technology and digitization, and continuously consolidate the foundation of technology regulation. This article is excerpted from the China Securities Regulatory Commission, GMTEight, edited by Chen Wenfang.