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Monday, September 18, 2017
CSRC shows concerns on risks of securities and futures companies
ANBOUND

In a month time, the 19th National Congress of the Communist Party of China (CPC) will be held on October 18. The Hong Kong Economic Journal reported that the China Securities Regulatory Commission (CSRC) recently shows its concern on the risk issue of securities companies and of futures companies. The CSRC requires brokers to check the liquidity, financial, information system security, defaults and credit risks, and have the results reported before the end of September. In addition, CSRC also uncommonly requires the national brokerage officers not to apply leaves, go abroad or travel from the period of the 7th plenary meeting of the 18th CPC Central Committee to the end 19th National Congress.

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