csdc conference

The dividend refund electronic system of CSDC Shenzhen Branch was officially launched. The first trade of securities which were frozen but not restricted from sale was successfully handled. CSDC issued the Notice on Launching the Remote Securities Inquiry Business to officially promote the remote securities inquiry business across the market. The expanded account opening system of the CSDC Shanghai Branch was formally put into operation; important information such as the valid periods of investors’ identity documents, addresses indicated on them, and the serial numbers and valid periods of institutional investors’ organization code certificates, had been added. Detailed Measures for Bond Registration, Custody and Settlement Business, Circular on the Relevant Issues on Assisting Judicial Organs in Freezing Negotiable Securities. The CSDC formally commenced the online verification of the identity information of individual investors opening new securities accounts on each day through the National Citizen Identity Information Inquiry Service System, and released the related Notice on Doing a Good Job in Reviewing the Identity Information of Investors with Abnormal Account Opening Data Found in the Online Verification on November 20. Detailed Measures for the Experimental Registration and Settlement Business of Margin Trading was issued. The CSDC Shanghai Branch initiated the statistical data inquiry service on post clearing fund for settlement participants. CSDC issued the revised detailed implementation rules for the registration and settlement of exchange traded funds on Shanghai and Shenzhen stock exchanges to support the registration and settlement of cross-market and cross-border ETFs in terms of rules.

Rules for Securities Registration was promulgated. Shenzhen Branch completed formalities for opening a special bond settlement account for the first commercial bank (China Merchants Bank). The CSDC completed the freezing of state-owned shares pending transfer on the Shanghai Stock Exchange, marking the formal start of the transfer of some state-owned shares on the domestic securities market to the National Social Security Fund. Launched active The 18th Session of the 10th Standing Committee of the National People’s Congress passed Amendments to the Securities Law, adopting some key opinions from the CSDC, including the DVP principle and the guarantee settlement system, etc. bondholder meeting online voting. All of the 19 A-share settlement banks of CSDC Shanghai Branch accomplished electronic recording of interests and dividends in account. The CSDC established the monitoring system regarding one-percent limit in restricted shares in accordance with the Guiding Opinions on Transfer of Released Accumulated Restricted Shares of Listed Companies issued by the CSRC.

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