解决职责不清、能力不足、保障不充分等问题 首部董秘监管规则厘清模糊地带

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released the "Regulations on the Supervision of Board Secretaries of Listed Companies (Draft for Comments)", marking the first dedicated regulatory framework for board secretaries, aimed at enhancing their responsibilities and improving corporate governance [1][2]. Group 1: Key Aspects of the Regulations - The regulations clarify the responsibilities of board secretaries, establish performance guarantees, improve appointment management, and strengthen accountability [4][5]. - The regulations specify that board secretaries are responsible for organizing information disclosure activities and facilitating compliance in corporate governance [4][5]. - The regulations require board secretaries to assist the board of directors in fulfilling their duties and to report their work to the board, resolving previous ambiguities regarding reporting lines [4][5]. Group 2: Qualifications and Accountability - The regulations set a minimum requirement of five years of relevant work experience or professional qualifications for board secretaries, aiming to enhance the overall quality of board secretaries [5]. - The appointment process for board secretaries is now more rigorous, requiring the nomination committee or independent directors to review candidates, thereby increasing the independence and quality of board secretary appointments [5]. - The regulations mandate the establishment of internal accountability mechanisms within companies, including regular performance evaluations and penalties for non-compliance with disclosure requirements [5][6]. Group 3: Suggestions for Improvement - Experts suggest the establishment of a self-regulatory organization for board secretaries to enhance professional standards and provide support for their roles [6][7]. - The proposed self-regulatory organization could manage professional entry, develop performance guidelines, and facilitate training and experience sharing among members [6][7].