People's Republic of China Financial Sector Assessment Program : IOSCO Objectives and Principles for Securities Regulation
This is an initial report of the International Organization of Securities Commissions (IOSCO) assessment performed in 2010 as part of the financial sector assessment program (FSAP) of China. The assessment was prepared on the basis of a self-assess...
| Main Authors: | , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/267021468019434164/China-IOSCO-objectives-and-principles-for-securities-regulation-detailed-assessment-of-observance http://hdl.handle.net/10986/26543 |
| Summary: | This is an initial report of the
International Organization of Securities Commissions (IOSCO)
assessment performed in 2010 as part of the financial sector
assessment program (FSAP) of China. The assessment was
prepared on the basis of a self-assessment prepared by the
China Securities Regulatory Commission (CSRC), public
information contained on the CSRC website and the websites
of other entities in China, and a review of relevant Chinese
laws and regulations. The timely completion of this
assessment was greatly facilitated by the cooperation
provided by numerous members of the staff of the CSRC. The
CSRC has broad regulatory authority over the stock and
futures exchanges, the China Securities Depository and
Clearing Corporation Limited (SD and C) and other clearing
and settlement institutions, securities companies, futures
companies, and collective investment scheme (CIS) operators.
This paper is divided into two parts. The first part gives
summary, key findings, and recommendations. It is further
divided into following six parts: (i) introduction; (ii)
information and methodology used for assessment; (iii)
institutional and market structure- overview; (iv)
preconditions for effective securities regulation; (v) key
findings; and (vi) recommended action plan and
authorities' response. The second part gives tabular
detailed assessment. |
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