CSRC: Further enhance the quality of financial accounting information and continuously improve risk management levels.

In order to further standardize the accounting treatment of financial instruments in the securities industry, enhance the quality of accounting information in the industry, and prevent financial risks, the China Securities Association organized the Financial Accounting Professional Committee to conduct in-depth research on the valuation and impairment of financial instruments in the industry on the 25th. On the basis of fully soliciting opinions and suggestions from regulatory authorities and the industry, the relevant provisions were optimized and improved, and three guidelines were revised and released, including the "Valuation Guidelines for Financial Instruments of Securities Companies", "Valuation Guidelines for Equity of Non-listed Companies", and "Impairment Guidelines for Financial Instruments of Securities Companies". The three guidelines will officially take effect on June 1, 2025.