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interface news reporter | chen jing

the regulator has clarified the focus and division of tasks for standardization work in the securities and futures industry over the next three years.

jiemian news reporter learned from the industry that recently, in order to promote the in-depth implementation of the "guiding opinions on strengthening the standardization of the securities and futures industry" (hereinafter referred to as the "guiding opinions"), clarify the key tasks for the next three years, and give full play to the basic and leading role of standardization in promoting the modernization of the capital market governance system and governance capabilities. the science and technology department of the china securities regulatory commission organized the drafting of the "three-year action plan for strengthening the standardization of the securities and futures industry (2024-2026) (draft for comments)" (hereinafter referred to as the "action plan").

recently, the china securities association (hereinafter referred to as "china securities association") solicited opinions from securities companies on the "action plan", and securities companies recently provided feedback.

overall, the draft action plan for soliciting opinions revolves around the need to build a modern capital market with chinese characteristics. it lists key tasks one by one, and its structure corresponds to the content of the guiding opinions. it is divided into 5 major parts and 43 tasks: one is to enhance standardization awareness and capabilities; two is to promote the development of standards in key areas; three is to strengthen the implementation of standards; four is to strengthen the construction of a standardization talent team; and five is to establish a standardization work guarantee mechanism.

specifically, in terms of enhancing awareness and capabilities of standardization, the action plan requires: first, to enhance the strategic position of industry standardization; second, to improve the level of industry standardization governance; and third, to enhance awareness of industry standardization work.

in terms of promoting the development of standards in key areas, the action plan proposes: first, to develop a general basic standard system; second, to strengthen the construction of a data governance standard system; third, to develop a business standard system; fourth, to strengthen the construction of an information disclosure standard system; fifth, to develop an information technology standard system; sixth, to develop a financial technology standard system; seventh, to develop a green securities standard system; and eighth, to develop an information technology standard system.

among them, in the construction of the business standard system, the "action plan" requires that the focus be on the standardization needs of securities brokerage business, cross-border business, etc., on the quality control of public fund business data assets, public fund regulatory data reporting, etc., and on the futures industry system interfaces, futures brokerage business, etc., and the relevant industry organizations be organized to carry out standard development.

in addition, in terms of building a standard system for information disclosure, the action plan points out that it supports the implementation of a comprehensive registration system reform, focuses on the electronic disclosure of information by listed companies, and further promotes the development of relevant information disclosure standards for esg, bonds, etc. of listed companies.

in terms of strengthening the implementation of standards, the action plan requires: first, to increase the promotion of standard application; second, to promote standard testing and certification; third, to build a standard testing and verification platform; fourth, to conduct an evaluation of the effectiveness of standard implementation; and fifth, to track the status of standard implementation.

in terms of strengthening the construction of standardization talent team, the action plan points out: first, research and formulate supporting policies for talent training; second, encourage the industry to set up full-time standardization personnel; third, strengthen the construction of standardization expert team.

among them, in terms of setting up full-time standardization personnel, the action plan proposes to actively guide industry organizations to establish a corporate standardization director system, clarify the job responsibilities of corporate standardization directors and standards specialists, and promote industry core organizations to set up standardization working groups to be responsible for the overall coordination, promotion and management of standardization work; encourage industry business service agencies with conditions to be equipped with special standardization posts to be responsible for managing corporate standardization work.

in terms of establishing a guarantee mechanism for standardization work, the action plan proposes specific measures to strengthen organizational leadership and overall coordination, establish and improve resource guarantee mechanisms, formulate relevant incentive and assessment mechanisms, and enhance support for standardization work.

the china securities association stated that the "guiding opinions" systematically planned and scientifically deployed standardization work in the current and future period. it is a programmatic document for promoting the standardization development of the capital market in the new era. it is of great significance to further strengthen standardization work in the securities and futures fields and better play the basic and leading role of standards in promoting the modernization of the capital market governance system and governance capabilities.