本报记者 吴晓璐 履职更有保障 2025年12月31日，为进一步规范上市公司董事会秘书履职行为，推动提升上市公司治理水平，中国证监会就《上市公司董 事会秘书监管规则（征求意见稿）》（以下简称《规则》）公开征求意见。 《规则》是首部专门针对上市公司董秘的监管规则，通过进一步厘清董秘职责范围、健全履职保障、完善任职管理、严格 责任追究等，更好地促进董秘履职尽责，助力提高上市公司治理水平。 中央财经大学资本市场监管与改革研究中心副主任李晓在接受《证券日报》记者采访时表示，《规则》是首部专门针对上 市公司董秘的监管规定，在监管层面，填补了制度空白，将散见于各个层面的监管要求系统化、统一化，提升了监管效能；从 公司层面来看，将促使上市公司完善内部控制，将"合规"基因植入企业决策层，促进提高上市公司质量；从市场来看，有助于 保护中小投资者利益，通过提升信披质量，让市场定价更有效，维护资本市场的公平与正义。 董秘职责更清晰 新"国九条"提出，加强信息披露和公司治理监管；中办、国办联合印发的《关于完善中国特色现代企业制度的意见》对完 善公司治理提出了一系列要求。 作为上市公司的"关键少数"，董秘是公司治理架构中的重要一环。经 ...

记者丨杨坪 《规则》明确了董秘任职条 件 ，将"受到中国证监会三次以上行政监督管理措施"纳入任职负 面清单；在解聘要求上，还特别将原"连续三个月以上不能履职"的董秘解聘情形缩短至一个 月，并明确董秘空缺期不得超过三个月等。 董秘制度全面升级：细化职责与强化保障 近年来，随着资本市场持续发展与公司治理实践深化，完善上市公司治理体系的重要性日益凸 显。董秘作为连接上市公司与投资者、监管机构的关键枢纽，在保障信息披露质量、促进内外 部沟通、提升公司规范运作水平方面扮演着核心角色。 编辑丨张伟贤 12月31日，中国证监会就《上市公司董事会秘书监管规则》公开征求意见。同日，深圳证券交 易所亦就主板、创业板《股票上市规则》及《规范运作指引》相关修订（以下简称《规则》） 向社会公开征求意见。 据了解，此次规则修订旨在进一步强化董事会秘书的职责定位，健全其履职保障机制，完善任 职与履职管理，并与《上市公司治理准则》做好衔接，系统加强对上市公司董事、高级管理人 员及控股股东、实际控制人的行为规范。 值得一提的是，为推动董秘依规履职，本次修订还进一步完善董秘履职保障机制。 第一，健全广泛及时的信息获取机制。 在规定董秘应当列席股 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has drafted the "Regulatory Rules for Secretaries of the Board of Directors of Listed Companies (Draft for Public Comment)" to enhance the governance level of listed companies, alongside the Shenzhen Stock Exchange's revision of its listing rules [1][5]. Group 1: Enhancements to Secretary Responsibilities - The revisions focus on upgrading the duties of the secretary, including detailed responsibilities in organizing information disclosure, promoting compliance in corporate governance, and enhancing internal and external communication [2][3]. - A robust mechanism for the secretary's performance is established, ensuring timely information access and embedding the secretary's role into daily management processes [2][3]. Group 2: Board and Executive Management Regulations - The revisions impose stricter qualifications for secretaries, requiring at least five years of relevant work experience or professional certifications [3]. - The nomination committee's responsibilities are reinforced to prevent unsuitable candidates from being appointed, considering the board's composition and expertise [3]. Group 3: Strengthening Oversight of Board and Executives - The revisions detail the diligence and loyalty obligations of board members, including the need for thorough information gathering and conflict of interest disclosures [4]. - A mechanism for regular evaluation and accountability of the secretary's performance is mandated, with provisions for immediate replacement in cases of negligence [4]. Group 4: Regulation of Major Shareholders and Controllers - New rules require that major shareholders or controllers who also serve as the chairman and CEO must have clearly defined power distribution and disclosure practices [4]. - Restrictions are placed on similar or related business activities that could adversely affect the company, enhancing transparency in competitive disclosures [4]. Group 5: Importance of High-Quality Governance - High-quality governance is deemed essential for the stable operation of the capital market, with the secretary playing a crucial role in maintaining the integrity of information disclosure and facilitating effective communication [5][6]. - The revisions aim to address existing issues such as unclear responsibilities and inadequate support for secretaries, thereby enhancing their ability to fulfill their roles effectively [6].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released a draft for public consultation on the "Regulatory Rules for Board Secretaries of Listed Companies," marking the first dedicated regulatory framework for board secretaries, aimed at clarifying their responsibilities and enhancing corporate governance [1][2]. Group 1: Clarification of Responsibilities - The new rules emphasize the dual responsibility of board secretaries in information disclosure and corporate governance, as highlighted in the State Council's opinions on strengthening regulatory oversight [2]. - Board secretaries are recognized as essential figures in corporate governance, with their roles evolving over nearly 30 years to include significant responsibilities in information disclosure and internal communication [2][3]. - The rules clarify that board secretaries should not be seen merely as administrative staff but as key management personnel responsible for critical tasks such as organizing information disclosure and ensuring compliance with governance structures [3][4]. Group 2: Mechanisms for Support and Accountability - The rules establish mechanisms to support board secretaries in their roles, including timely access to information and the establishment of communication channels with various stakeholders [5][6]. - A multi-faceted support system is mandated, requiring companies to provide dedicated resources and ensure effective communication among supervisory bodies [6]. - The rules also introduce a reporting mechanism for board secretaries facing obstacles in their duties, allowing them to report issues to regulatory authorities to enhance their independence [6]. Group 3: Professional Standards and Qualifications - The rules stipulate that companies must ensure board secretaries possess the necessary professional qualifications and knowledge of securities regulations to fulfill their roles effectively [7]. - Companies are required to review the qualifications of board secretaries and replace those who do not meet the standards, ensuring that only qualified individuals hold these positions [7]. - Board secretaries are prohibited from holding conflicting positions that may hinder their ability to perform their duties independently [7]. Group 4: Strengthening Accountability - The rules enhance accountability for board secretaries by requiring companies to implement regular evaluations of their performance and establish mechanisms for internal accountability [8]. - Companies must initiate internal accountability procedures for board secretaries who fail to fulfill their responsibilities, with severe cases leading to dismissal [8]. - External regulatory measures will be intensified for board secretaries who do not diligently perform their duties, particularly in cases of delayed or false information disclosure [8].