Core Viewpoint - The Ministry of Finance and the China Securities Regulatory Commission (CSRC) have revised the "Management Measures for the Record-Filing of Accounting Firms Engaging in Securities Services" to enhance supervision and standardize the record-filing behavior of accounting firms in the securities services sector [1][4] Group 1: Strengthening Record-Filing Requirements - The revised measures strengthen the record-filing requirements for accounting firms engaging in securities services, including the requirements, materials, methods, and legal responsibilities [2] - The measures optimize the initial record-filing requirements, guiding firms to enhance integrated management and quality management, thereby improving their professional responsibility and credit constraints [2][3] Group 2: Enhancing Management and Supervision - The measures establish a complete regulatory loop, enhancing the supervision of accounting firms throughout the entire process of engaging in securities services [3] - Significant changes in firms, such as name changes or partner changes, must be reported to the relevant financial departments, with information shared between the Ministry of Finance and the CSRC [3] Group 3: Accountability of Intermediary Institutions - The measures emphasize the responsibility of accounting firms as gatekeepers in the capital market, ensuring they provide professional services for securities issuance, listing, and trading [4] - The measures aim to address issues of insufficient competence and low quality of practice among some accounting firms, promoting better internal management and quality control [4] Group 4: Implementation Timeline and Future Steps - The revised measures will take effect on April 14, 2025, with plans for increased guidance to ensure accounting firms understand and effectively implement the new requirements [5] - Future efforts will focus on enhancing record-filing guidance, improving related platform systems, and facilitating the record-filing process for accounting firms [5]
财政部、证监会，联合发文
Zheng Quan Shi Bao·2025-04-25 09:28