事关证券公司，证监会最新发布

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has revised the "Securities Company Classification Supervision Regulations" to enhance the regulatory framework and support high-quality development in the capital market, effective from August 22, 2025 [1][2]. Summary by Sections Regulatory Framework - The revised regulations aim to improve the classification and evaluation system for securities companies, focusing on risk management, compliance, business development, and functional performance [1][2]. - The title of the regulations has been changed to "Securities Company Classification Evaluation Regulations" to align with the emphasis on classification evaluation [1]. High-Quality Development - The regulations encourage securities companies to focus on high-quality development by enhancing business development scoring indicators, particularly in areas like long-term capital introduction and wealth management [2]. - There is an expansion of key business scoring coverage to promote differentiated development paths for small and medium-sized institutions [2]. Regulatory Enforcement - The regulations emphasize a "strike hard against major violations" approach, enhancing the deterrent effect against serious misconduct by adjusting the classification rating penalties [2]. - The penalties will be calibrated according to the principle of "proportional punishment," with increased point deductions for serious violations and optimized administrative penalty scoring [2]. Special Issues Handling - The regulations outline rules for handling special issues, such as reducing point deductions for companies that actively seek administrative enforcement commitments and engage in advance compensation [2]. Future Implementation - The CSRC will continue to refine the industry classification regulatory system and promote the establishment of top-tier investment banks and institutions to better serve the real economy and support high-quality capital market development [2].