China Taibei Securities and Futures Commission (formerly CSRC) became a full member of the international organization of CSRC on 1987, and its English name was originally "Taiwan-China". After China Securities Regulatory Commission joined the membership, its English name was changed to "Chinese-Taiwan". On 1993, Taiwan Stock Exchange became a subsidiary association of the International Securities Regulatory Commission.
A delegation from China Securities Regulatory Commission attended the 20th annual meeting of 1995 (Paris). 1996 2 1 annual meeting (Montreal) and 1997 22nd annual meeting (Taipei, China). In addition, the China Securities Regulatory Commission sent delegations to attend the two sessions of the Emerging Markets Committee held by 1996 in Warsaw and 1997 in South Africa. 1April 1997, hosted the Asia-Pacific Regional Committee and its executive meeting organized by the International Securities Regulatory Commission in Beijing.
As a professional international organization, the International Securities Regulatory Commission emphasizes the principle of non-politics. No national flag or national anthem will be raised at all meetings.
International federation of stock exchanges, abbreviated as FIBV (from French prefix), was founded in 196 1 and its permanent address is in Paris. Its predecessor was the Association of European Stock Exchanges, which was established by eight member States of the European Union in 1957. With the participation of London and other stock exchanges, the Association was reorganized into international federation of stock exchanges on 19 1. After new york and Tokyo Stock Exchanges joined the Association on 1966 and 1970 respectively, the Association has become an international organization of major stock exchanges in the world, and FIBV has strict requirements on the market size and legal construction of its members. Therefore, the securities regulators and market participants of the preparation countries that have obtained FIBV membership are two kinds of recognition that their securities markets have reached internationally recognized standards. FIBV aims at: promoting close cooperation among members; Establish a unified standard for transnational securities trading and public offering; Publicize the importance of exchange self-management in the whole supervision system; Support the development of emerging markets so that they can finally meet the membership standards of FIBV; Promote the standardization process of your securities market.
The decision-making body of FIBV is the Executive Committee, which is responsible for policy formulation, project selection, preparation for general meeting and major management decisions. The 14 members of the Executive Committee rotate every two years according to regional representation and comprehensive consideration of developed and emerging markets, but new york, London, Paris, Tokyo and German stock exchanges are permanent members. The payment of membership fees is charged according to the comprehensive ranking of the median value and transaction amount of each exchange.
Before 1996 Hong Kong Annual Meeting, FIBV stipulated that only one stock exchange in a country could become a full member, and associate members of other exchanges had great voting rights as full members. 1996+0 1 The annual meeting held in Hong Kong cancelled the restriction that each family can only have one member. By the end of 1997, FIBV had 5 1 members from 5 1 stock exchanges, covering 97% of the global securities market value. In addition, FIBV has 16 affiliated members and 30 associate members (all from emerging securities markets).
HKEx 1986 became a member of FIBV, and HKEx 1989 became a member of FIBV. With the rapid development of China stock market, the Shanghai and Shenzhen stock exchanges have some business contacts with FIBV, but they are not complete. The 36th annual meeting of FIBV held an international seminar 1996 1 1 in Beijing in June.