Financials Nov 20, 2020 04:45 PM (GMT+8) · EqualOcean
Lin Xiaozheng, deputy director of the institutional Department of the China Securities Regulatory Commission (CSRC), said on the 20th that the CSRC issued the "measures for the supervision and administration of directors, supervisors and senior executives of securities fund institutions and their employees (Draft for comments)". In terms of procedure, the qualification examination and approval of directors, supervisors and senior executives of securities companies should be adjusted to post filing, the basic qualifications of directors, supervisors and senior executives of securities companies and fund companies should be unified, and the post requirements should be optimized. For example, the level test should not be regarded as a necessary condition, the experienced personnel should be allowed to be exempted from the test, and the work experience limit should be appropriately relaxed for financial technology professionals. In terms of employees, the basic conditions of securities companies and fund companies are unified, and other professionals are included in the supervision.

Source: 财联社