China Securities Regulatory Commission is a ministerial-level institution directly under the State Council. According to laws, regulations and the State Council's authorization, 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.
The main responsibilities are as follows:
1. To study and formulate the guidelines, policies and development plans of the securities and futures market, draft relevant laws and regulations of the securities and futures market, put forward suggestions for formulation and revision, and formulate relevant laws, regulations and measures for the supervision of the securities and futures market;
2, vertical leadership of the national securities and futures regulatory agencies, the implementation of centralized and unified supervision of the securities and futures market, the management of the leading institutions and leading members of the relevant securities companies;
3. Supervise the issuance, listing, trading, custody and settlement of stocks, convertible bonds, bonds of securities companies and bonds designated by the CSRC in the State Council, supervise the activities of securities investment funds, approve the listing of corporate bonds and supervise the trading activities of listed government bonds and corporate bonds;
4. Supervise the securities market behavior of listed companies and their shareholders who must fulfill relevant obligations according to law;
5. Supervise the listing, trading and settlement of domestic futures contracts, and supervise domestic institutions to engage in overseas futures business according to regulations;
6. Manage the securities and futures exchanges, manage the senior managers of the securities and futures exchanges according to regulations, and manage the securities industry and futures industry associations under centralized management;
7. Supervise securities and futures institutions, securities investment fund management companies, securities registration and settlement companies, futures settlement institutions, securities and futures investment consulting institutions and securities credit rating agencies, examine and approve the qualifications of fund custody institutions and supervise their fund custody business, formulate measures for the management of senior management qualifications of relevant institutions and organize their implementation, and guide China Securities Industry and Futures Industry Association to carry out the qualification management of securities and futures practitioners;
8. Supervise domestic enterprises to directly or indirectly issue stocks and list overseas, and overseas listed companies to issue convertible bonds overseas, supervise domestic securities and futures institutions to set up securities and futures institutions overseas, and supervise overseas institutions to set up securities and futures institutions and engage in securities and futures business in China;
9, supervision of securities and futures information dissemination activities, responsible for securities and futures market statistics and information resources management;
10. Examine and approve the qualifications of accounting firms, asset appraisal institutions and their members to engage in securities and futures intermediary business together with relevant departments, and supervise the employment of law firms, lawyers and qualified accounting firms, asset appraisal institutions and their members.
legal ground
Measures for the administration of securities issuance of listed companies
Article 46 The China Securities Regulatory Commission shall examine the application for securities issuance according to the following procedures:
(a) after receiving the application documents, decide whether to accept them within five working days;
(2) After accepting the application, the China Securities Regulatory Commission will conduct a preliminary examination of the application documents;
(three) issued by the audit committee of the application documents;
(4) The China Securities Regulatory Commission makes a decision on approval or disapproval.