中国证监会：进一步发挥行政执法当事人承诺制度积极作用

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has announced modifications to the implementation regulations of the administrative enforcement commitment system, effective from February 1, 2026, to enhance the clarity of acceptance conditions and standardize processing procedures [1][2]. Group 1: Key Content of the Decision - The decision improves acceptance conditions for applications under the administrative enforcement commitment system, specifying scenarios where applications will not be accepted, such as refusal to cooperate with investigations or being listed as a serious dishonesty subject [2]. - The decision refines processing procedures, including standards for necessary investigations, requirements for application materials, and internal consultation processes [2]. - The decision strengthens the integrity constraints on parties involved, outlining behaviors that violate the principle of good faith, such as maliciously delaying investigations or leaking negotiation content, which can lead to penalties [2]. Group 2: Future Implementation - The CSRC will focus on effectively implementing the administrative enforcement commitment system to protect investors' rights, maintain market order, and enhance the efficiency of administrative enforcement [3].