Core Viewpoint - The Shanxi Provincial Finance Department has made significant progress in financial supervision, aligning with the central government's directives to enhance financial discipline and support high-quality economic development in Shanxi [1][4]. Group 1: Strengthening Party Leadership - The Shanxi Provincial Finance Department integrates party leadership throughout the financial supervision process, emphasizing the importance of political construction and establishing a comprehensive party-building system [1]. - The department actively engages local financial entities to ensure compliance with financial regulations, thereby reinforcing the role of financial supervision as a stabilizing force in supporting the central government's objectives [1]. Group 2: Mechanism-Driven Coordination - A unified and efficient financial supervision system has been established, promoting collaboration among various departments and enhancing internal coordination mechanisms [2]. - Regular meetings and discussions have been initiated to address key issues in financial management, resulting in the resolution of 13 problems related to grassroots financial management [2]. - The department has implemented targeted research initiatives to identify and address specific financial management challenges, leading to five effective outcomes that support local management improvements [2]. Group 3: Practical Supervision and Team Development - The financial supervision team has focused on executing major policy decisions and conducting extensive supervision activities, with over 1,000 personnel deployed for various oversight tasks in 2024 [3]. - The team has demonstrated resilience and capability in addressing complex financial violations, showcasing a commitment to upholding financial laws and regulations [3]. - Continuous training and participation in significant oversight activities have enhanced the team's skills and readiness to tackle financial challenges [3]. Group 4: Achievements and Future Directions - Recent efforts have led to improved financial discipline, enhanced efficiency in the use of financial resources, and increased awareness of financial regulations among personnel [4]. - The Shanxi Provincial Finance Department aims to further strengthen its responsibilities and enhance its supervisory capabilities in line with higher standards and the need for high-quality development [4].

Core Viewpoint - The revised "Management Measures for the Record-Filing of Accounting Firms Engaging in Securities Services" aims to enhance the supervision and quality management of accounting firms in the securities sector, addressing issues of competency and quality in their services to better support capital market development [1][2]. Group 1: Key Aspects of the Revised Measures - The measures include improved record-filing requirements that emphasize the importance of quality management and professional responsibility for accounting firms [2]. - A comprehensive regulatory framework is established to ensure ongoing compliance with record-filing requirements, including processes for cancellation and rectification [2]. - Coordination with existing laws and regulations, such as the "Certified Public Accountant Law" and the "Securities Law," has been enhanced to streamline the record-filing process [2]. Group 2: Implementation and Support - The Ministry of Finance and the China Securities Regulatory Commission will focus on the effective implementation of the revised measures, providing guidance to accounting firms for better understanding and execution [3]. - Improvements to the record-filing platform will facilitate information sharing and ease the operational process for accounting firms [3]. - A collaborative approach will be adopted for regulatory activities, utilizing both on-site and off-site methods to manage record-filing verification and announcements [3].

Group 1 - The Ministry of Finance is intensifying supervision and inspection of the asset appraisal industry, emphasizing "strict regulation and zero tolerance" [1] - In 2024, the Ministry of Finance, in collaboration with the China Asset Appraisal Association, conducted quality checks on 15 registered asset appraisal institutions involved in securities services [1] - As a result of the inspections, 5 appraisal institutions, 14 appraisers, and 1 legal representative faced administrative penalties, while 4 institutions and 18 appraisers received self-discipline sanctions [1] Group 2 - The Ministry of Finance plans to continue implementing the decisions of the Central Committee and the State Council to strengthen financial and accounting supervision [1] - The goal is to create a clean and upright industry environment and a healthy, orderly market order [1]