贵州证监局： 多措并举推进财务造假综合惩防

Core Viewpoint - The article emphasizes the importance of high-quality financial reports as a guide for investors to uncover the value of listed companies and as a cornerstone for building trust in the capital market. The China Securities Regulatory Commission (CSRC) aims to strengthen regulation and combat financial fraud, market manipulation, and insider trading [1]. Group 1: Regulatory Measures - The Guizhou Securities Regulatory Bureau is committed to enhancing regulatory responsibilities and has implemented measures to combat financial fraud, including establishing a comprehensive accountability mechanism for listed companies [1][3]. - The bureau has introduced a three-year action plan to improve the professional capabilities of its staff and has established a mechanism for internal accountability among all listed companies in Guizhou [2][3]. Group 2: Prevention Strategies - The bureau focuses on source governance to prevent financial fraud by enhancing market constraints and internal supervision within companies, ensuring that intermediary institutions fulfill their responsibilities [2]. - Measures include strengthening the auditing process, enhancing the responsibilities of independent directors and auditing institutions, and implementing a dual punishment system for violations [2][4]. Group 3: Enforcement Actions - The Guizhou Securities Regulatory Bureau has intensified efforts to combat financial fraud through targeted actions, including a special campaign against financial "washing" and other fraudulent activities [4][5]. - Since 2023, the bureau has investigated four listed companies for various financial misconducts, including accounting manipulation and failure to report sales expenses [4]. Group 4: Enhanced Detection Capabilities - The bureau has adopted innovative non-site supervision methods and established a real-time monitoring mechanism for listed companies, significantly improving the sensitivity and accuracy of fraud detection [7][8]. - The use of technology, such as big data and artificial intelligence, has been emphasized to enhance the efficiency of regulatory work and to monitor abnormal indicators in real-time [8]. Group 5: Collaborative Efforts - The article highlights the need for a systemic approach to combat financial fraud, involving collaboration between various internal and external resources [9]. - The Guizhou Securities Regulatory Bureau has established mechanisms for information sharing and law enforcement cooperation with local departments and has coordinated with judicial authorities to strengthen the enforcement of penalties against fraudulent companies [10].