“上期大学堂—从业人员强化班”走进深圳

Group 1 - The core viewpoint of the news is the launch of a training program by the Shanghai Futures Exchange (SHFE) aimed at enhancing the ability of futures companies to serve the real economy, with a focus on familiarizing participants with exchange business rules and practices [1] - The training series consists of three sessions, with the first session held in Shenzhen, a key city in the Guangdong-Hong Kong-Macao Greater Bay Area, emphasizing financial openness and high-quality development of listed companies [1] - Participants showed significant interest in the internationalization process of SHFE and the application of hedge accounting for listed companies during the training [1] Group 2 - The internationalization of SHFE's business rules has garnered considerable market attention, with new management measures and revised rules implemented in August 2023 [2] - The overall strategy for the internationalization of rules includes enhancing the SHFE platform for international participants, promoting the internationalization of the Renminbi, and exploring a unique regulatory framework for futures [2] - Key changes in the business rules include the addition of one management measure, the revision of 15 management measures, and 19 product specifications, focusing on market access, trading, risk control, settlement, and delivery systems [2] Group 3 - SHFE is committed to implementing regulatory measures to prevent risks and promote high-quality development in the futures market, ensuring a stable market operation while gradually opening up eligible commodity futures and options [3] - The importance of hedge accounting has increased as more listed companies engage in hedging activities, which allows for the recognition of changes in fair value or cash flows in the same accounting period to reduce performance volatility [4] - Companies must meet specific criteria before applying hedge accounting, including clear documentation and ongoing assessment of the hedging relationship [4][5] Group 4 - The choice of hedging instruments typically includes derivatives such as forward contracts, futures contracts, swaps, and options, with careful consideration of their potential to offset risks [4] - Companies are advised to integrate hedge accounting requirements into their management systems and processes to facilitate the use of hedge accounting, indicating a high level of management in hedging activities [5][6]