★30亿元证券结算风险基金怎么收如何用？ 证监会、财政部修订证券结算风险基金管理办法

Core Viewpoint - The China Securities Regulatory Commission (CSRC) and the Ministry of Finance have drafted a revised management approach for the Securities Settlement Risk Fund, aimed at enhancing risk prevention capabilities and improving the management of the settlement risk fund system [1][2]. Group 1: Adjustments to the Management Approach - The revised management approach includes adaptive adjustments to the collection scope, lowering the collection ratio, and enhancing regulations related to the scale of the risk fund [1]. - The collection scope is now defined to include securities transactions using multilateral netting guarantee settlement methods, covering equity and fixed income securities transactions as well as pledged repurchase transactions [1]. Group 2: Collection Ratio and Fund Scale - The collection ratio for equity and fixed income securities transactions has been reduced to 30% of the previous standard, while the ratio for pledged repurchase transactions remains unchanged [2]. - The risk fund's net asset total must be no less than 3 billion yuan; once this threshold is reached, no further contributions will be required from participants who have paid for over a year [2]. Group 3: Investment Management and Usage Procedures - The management approach specifies that the risk fund's investments are limited to bank deposits, key-term government bonds, and other forms approved by the CSRC and the Ministry of Finance [2]. - The usage procedure has been modified to require that settlement institutions report to the CSRC and the Ministry of Finance after utilizing the fund, rather than seeking prior approval [2]. Group 4: Enhanced Management Measures - The revised approach mandates annual reporting by settlement institutions and requires participants to establish internal management systems and disaster recovery mechanisms to mitigate risks [3]. - It clarifies accountability in cases of loss recovery and outlines the responsibilities related to the use of the risk fund in scenarios of technical failures or operational errors [3].