The main responsibilities of the China Securities Regulatory Commission are:
1. According to the authorization of China Securities Regulatory Commission, supervise and manage the securities and futures business activities of listed companies, securities and futures operating institutions, securities and futures investment consulting institutions, law firms, accounting firms, asset appraisal institutions and other intermediaries engaged in securities business;
2, investigate and deal with illegal cases within the jurisdiction.
The differences between China Securities Regulatory Commission and China Banking Regulatory Commission are as follows:
First, the scope of their supervision is different: the full name of the CSRC is China Securities Regulatory Commission, which, as its name implies, supervises and manages the activities of the securities industry, mainly the capital market, while the full name of the CBRC is China Banking Regulatory Commission, which supervises and manages the activities of the banking industry, mainly the money market;
Second, the two perform their respective duties: the CSRC uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market, and ensures its legal operation. The CBRC shall uniformly supervise and manage banks, financial asset management companies, trust and investment companies and other deposit-taking financial institutions to safeguard the lawful and steady operation of the banking industry;
Third, the internal departmental structures of the two companies are different: the CSRC is headquartered in Beijing, 2 1 functional departments, 1 inspection corps, 3 centers, and the CBRC is located in Beijing Financial Street, with 27 departments;
Fourthly, they were established at different times: the CSRC was established earlier, 1, 992, 1 month, while the CBRC was established in April 2003.
legal ground
Article 168 of the Securities Law of People's Republic of China (PRC), the State Council Securities Regulatory Authority shall supervise and manage the securities market according to law, maintain the openness, fairness and impartiality of the securities market, guard against systemic risks, safeguard the legitimate rights and interests of investors and promote the healthy development of the securities market.
Article 169 The the State Council securities regulatory body shall perform the following duties in the supervision and management of the securities market: (1) Formulating rules and regulations for the supervision and management of the securities market according to law, and conducting examination and approval, approval, registration and filing according to law;
(2) To supervise and manage the issuance, listing, trading, registration, depository and settlement of securities according to law.
(3) To supervise and manage the securities business activities of securities issuers, securities companies, securities service institutions, securities exchange places and securities registration and settlement institutions according to law.
(4) Formulating codes of conduct for securities practitioners according to law and supervising their implementation.
(five) to supervise and inspect the information disclosure of securities issuance, listing and trading according to law;
(six) to guide and supervise the self-discipline management activities of the securities industry association according to law;
(seven) to monitor, prevent and dispose of the securities market risks according to law.
(eight) to carry out investor education according to law;
(nine) to investigate and deal with securities violations according to law;
(ten) other duties as prescribed by laws and administrative regulations.