There is no doubt that it will definitely have a certain impact on the company's economy in a short period of time.

On the evening of April 7, the temporary announcement disclosed by CICC attracted industry attention.

The Company's Compliance Director Chen Gang cannot continue to perform his duties due to physical reasons, and the CEO of CICC will perform the duties of the Compliance Director on his behalf.

Under the trend of increasing supervision of the securities industry, strengthening compliance management is an important task for all securities firms.

2021 is the implementation year of the "zero tolerance" policy, and further tightening the responsibilities of the compliance director is a major focus of supervision.

At this time, CICC has lost a senior general and may face compliance tests in the future.

Giving up a million-dollar annual salary According to the 2020 annual report recently disclosed by CICC, Chen Gang is 48 years old and has served as CICC Compliance Director since August 2016.

In 2020, he received a pre-tax salary of 5.935 million yuan from the company.

Chen Gang has strong professional ability and a good reputation in the company.

In addition to working in the company, Chen Gang also serves as a director of KCA Capital Partners, deputy director of the Compliance Committee of the Securities Association of China, and a supervisor of the Beijing Jinzhong Charity Foundation.

Increased supervision Under the trend of increased supervision in the securities industry, strengthening compliance management is an important task for all securities firms.

CICC also mentioned in its strategies and measures for 2021 that in the face of a complex and ever-changing market environment, it is necessary to comprehensively strengthen risk control and compliance management, enhance the risk control awareness of all employees, and adhere to stable operations.

Regulatory authorities have also repeatedly requested to strengthen the compliance operations of securities institutions.

Just last month, the Shanghai Securities Regulatory Bureau held a symposium for compliance directors of securities companies within its jurisdiction, saying that compliance directors of securities companies should take the lead in becoming firm believers and practitioners of legal rules.

Securities companies should strengthen compliance publicity and give full play to the leading and edifying role of the concept of "compliance creates value".

Compliance positions such as the compliance director must have a sense of crisis with "skills panic", strengthen learning, be good at research, dare to say no, be good at business, effectively improve the ability to perform compliance duties, and provide solid and reliable compliance support for the company's development.

Okay, that’s what I want to share today.