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. It highlights the efforts of the Guizhou Securities Regulatory Bureau to combat financial fraud and enhance market integrity through stringent regulations and innovative measures [1]. Group 1: Regulatory Measures - The Guizhou Securities Regulatory Bureau is committed to strengthening supervision and cracking down on financial fraud, market manipulation, and insider trading, which disrupt capital market order and undermine investor confidence [1]. - The bureau has implemented a comprehensive risk prevention mechanism, including integrating the prevention of financial fraud into local government performance assessments for 2024 and 2025 [1]. - All listed companies in Guizhou are required to establish internal accountability mechanisms, with six companies undergoing internal accountability measures since 2024 [3]. Group 2: Source Governance - The bureau is enhancing market constraints and internal company governance by reinforcing the responsibilities of intermediary institutions and promoting the establishment of internal supervision and accountability mechanisms within listed companies [2]. - There is a focus on improving the quality of annual report preparation and auditing, with measures such as risk warning letters and comprehensive interviews to address potential issues before annual report disclosures [2]. - Independent directors and auditing institutions are being held accountable, with increased scrutiny on their performance and responsibilities in preventing fraud [2]. Group 3: Enforcement Actions - The Guizhou Securities Regulatory Bureau is actively conducting special rectification actions against financial fraud, focusing on serious violations such as fictitious business and accounting manipulation [4]. - Since 2023, the bureau has investigated four listed companies for various financial misconducts, including financial "washing" and misreporting expenses [4]. - The bureau emphasizes the importance of coordinated enforcement actions and timely reporting of risks associated with financial fraud cases [4]. Group 4: Enhanced Detection Capabilities - The bureau is leveraging technology to improve its detection capabilities, utilizing big data and artificial intelligence to enhance regulatory efficiency [8]. - A real-time monitoring and rapid response mechanism for listed companies has been established, with daily assessments of company announcements and public sentiment [7]. - The bureau has achieved nearly 50% coverage of inspections across listed companies in the region, ensuring thorough oversight of high-risk firms [7]. Group 5: Collaborative Efforts - The Guizhou Securities Regulatory Bureau is fostering collaboration with local government agencies and other regulatory bodies to enhance the effectiveness of financial fraud prevention [9]. - A comprehensive system for combating financial fraud has been proposed, which includes joint punitive measures and information sharing among various regulatory entities [10]. - The bureau has established a regular collaboration mechanism with local courts and law enforcement to ensure a coordinated approach to tackling financial fraud [10].