证监会修订证券公司分类评价制度 监管评价体系全面升级

Core Points - The China Securities Regulatory Commission (CSRC) has recently solicited public opinions on the revised draft of the "Securities Company Classification Evaluation Regulations" [1][2] - The regulations aim to support the differentiated development of small and medium-sized securities firms by optimizing business development scoring indicators [1] - The regulations emphasize the protection of small and medium investors and encourage securities firms to apply for administrative enforcement commitments or to conduct advance compensation [1][2] Group 1 - The revised regulations cancel the scoring indicator for total operating revenue and increase the scoring weight for return on net assets, raising the maximum score from 1 point to 2 points [1] - The coverage of certain scoring indicators has been appropriately increased, expanding the scoring range for return on net assets and major business income from the top 20 to the top 30 firms [1] - The regulations guide small and medium-sized firms to explore differentiated development paths based on their own endowments [1] Group 2 - To strengthen comprehensive penalties for serious violations and better protect the legitimate rights and interests of small investors, the regulations highlight the "crack down on major violations" approach [2] - The revised regulations lower the ratings of securities firms involved in major malicious cases and encourage the effective use of various regulatory measures [2] - The regulations increase the penalty points for "qualification penalties," enhancing the institutional deterrence of self-regulatory management [2]