Ministerial level China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission) is a ministerial-level institution directly under the State Council. According to laws and regulations and the authorization of the State Council, it uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market, and ensures its legal operation.
Headquartered in Beijing, China Securities Regulatory Commission has 20 functional departments, 4 directly affiliated institutions, the discipline inspection team of the Central Commission for Discipline Inspection in China (formerly the Supervision Bureau of the Commission for Discipline Inspection), 38 agencies in various provinces (autonomous regions, municipalities directly under the Central Government and cities with separate plans) and manages 19 system units. The organs, agencies and system units of China Securities Regulatory Commission have formed a unified and orderly securities and futures supervision system in China.
The dispatched office of China Securities Regulatory Commission is responsible for formulating, revising and perfecting the rules and regulations of the securities and futures market, drawing up market development plans, handling major audit matters, guiding and coordinating risk disposal, organizing and investigating major illegal cases in the securities and futures market, and guiding, inspecting, supervising and coordinating systematic supervision. The revenue and expenditure of China Securities Regulatory Commission are all included in the national budget management, and the securities and futures market supervision fees do not belong to the income of China Securities Regulatory Commission and are directly turned over to the state treasury. The China Securities Regulatory Commission is fully funded from the budget.