明确监管措施实施程序！证监会发布

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released the "Implementation Measures for Supervision and Administration of Securities and Futures Markets," which aims to further standardize the procedures for implementing regulatory measures in the securities and futures markets [1][4]. Group 1: Types of Regulatory Measures - The "Implementation Measures" specifies fourteen common types of regulatory measures, including orders for correction, regulatory talks, warning letters, and orders for regular reporting, while also including a catch-all provision for other supervisory measures as defined by laws and regulations [2]. Group 2: General Procedural Requirements - The implementing agency must maintain a record of evidence collection, decisions, and notifications; on-site enforcement must be conducted by at least two qualified enforcement personnel; and generally, regulatory measures will not be taken for violations not discovered within two years unless specified otherwise [2][3]. Group 3: Special Procedural Requirements - In addition to general provisions, special procedures such as prior notification must be followed, where the agency informs the parties involved about the intended measures, facts, reasons, and their rights to respond [3]. Group 4: Emergency Response Mechanism - In urgent situations that pose significant risks to financial order or public interest, the agency can bypass prior notification procedures to quickly address the issue, provided that the main responsible person approves this action [3]. Group 5: Decision-Making and Execution Requirements - The measures outline specific requirements for the content of regulatory decision documents, public disclosure after decisions are made, delivery procedures, and the rights of parties to appeal decisions through administrative review or court [3][5]. Group 6: Principles of Lawfulness, Efficiency, and Fairness - The "Implementation Measures" reflects the spirit of comprehensive law-based governance and aims to enhance the standardization of regulatory enforcement, ensuring that measures are timely and proportionate to the nature and severity of violations [4][5].