The rumors were fermented for only one day, and the China Securities Regulatory Commission issued a response on the evening of the 19th.
Last weekend, it was reported that the supervisory authorities initiated a strict inspection of the former officials of the China Securities Regulatory System and the former review committee for "associated" equity participation in the IPO project, involving companies or suspending acceptance and postponement of review.
CBN reporters on the morning of the 19th verified whether the above news is true or not with the relevant departments of the China Securities Regulatory Commission via email.
In the evening of the same day, the China Securities Regulatory Commission issued a document stating that “the China Securities Regulatory Commission will normally accept applications for IPOs involving the investment and shareholding of system employees, and will strictly advance the review and review procedures in accordance with the law.”
At the same time, the China
Securities Regulatory Commission stated that it is studying and formulating regulations that prohibit system employees from improperly taking shares in companies that are to be listed, and taking targeted reinforcement measures to tighten the system cage.
Specific measures include:
clarifying the circumstances of improper share purchases, focusing on preventing behaviors such as the use of the original public power to seek investment opportunities and the transfer of interests in the share purchase process; special talks and reminders before personnel resign, requiring written commitments not to illegally purchase shares, and studying the prohibition of resigning personnel from entering shares Period requirements, etc.
The China Securities Regulatory Commission stated that it insists on preventing illegal "rich creation", maintaining the "three public" order in the market, and strengthening the integrity of the supervisory team, adheres to problem orientation, draws inferences from one another, comprehensively investigates the enterprises under review, and treats those who have systematically resigned employees into shares. , Strengthening verification and disclosure, strict review and control, and at the same time, is paying close attention to fill in the shortcomings of the system, and systematically regulate the behavior of leaving employees to participate in shares.
"The China Securities Regulatory Commission has always focused on strengthening the supervision and regulation of surprise shareholdings, transfer of interests,'shadow shareholders', and illegal holdings," he said.
The China Securities Regulatory Commission also stated that at present, in accordance with the principles of administration according to law and strengthened supervision, it is studying and formulating regulations that prohibit system employees from improperly taking shares in companies to be listed, and taking targeted reinforcement measures to tighten the system cage.
There are four specific measures:
The first is to clarify the circumstances of improper shareholding, focusing on preventing the use of the original public power to seek investment opportunities and the transfer of interests in the shareholding process;
The second is to have special talks and reminders before leaving the staff, requiring written commitments not to illegally buy shares, and studying the requirements for the prohibition period for the leaving staff to buy shares;
The third is to formulate special review guidelines to strengthen the targeted supervision of the improper shareholding of system employees in the issuance review. If suspected violations of laws and disciplines are found, they will be promptly transferred and dealt with strictly;
The fourth is to improve the internal audit, supervision and review procedures, and strictly implement system requirements such as avoidance of official duties and reporting on interactions with the subject of supervision.
In February of this year, the China Securities Regulatory Commission issued the Guidelines for the Implementation of Information Disclosure of Shareholders of Companies Applying for Initial Listings, to further consolidate the responsibilities of intermediary agencies, strengthen shareholder penetration verification and disclosure, strengthen supervision of equity purchases approaching listing, and severely punish violations of laws and regulations.
During the implementation of the system, the China Securities Regulatory Commission insisted on cutting the blade inward, taking multiple measures simultaneously, and highlighting the strengthening of the supervision of the improper shareholding behavior of the resigners of the system.
First, in the process of shareholder information disclosure verification, issuers and intermediaries are required to report on the shareholding status of resigners from the CSRC system; second, if such circumstances exist, organize relevant securities regulatory bureaus to conduct integrity inspections, and severely deal with violations of laws and disciplines. ; The third is to strengthen the integrity and supervision of the review and registration personnel, strictly implement the system of information preparation for inappropriate information, and focus on the personnel who leave the system; the fourth is to establish an internal audit review mechanism to strengthen the internal audit supervision of the review work of related enterprises to ensure fairness and justice in the review process , Compliance with laws and regulations.
Author: Zhou Nan