Recently, SZSE launched “Service Guides” under the second-tier column “Rules – Self-Disciplinary Regulation and Market Services” on the official website, releasing 29 service guides frequently used by market entities. This marks another phased achievement of SZSE in advancing the “institutionalized, standardized, process-based and electronic” regulation and improving the transparency and standardization of regulatory services following the release of the List of Self-disciplinary Regulation Matters and the List of Market Service Matters in accordance with the plans and requirements of the China Securities Regulatory Commission.
Focusing on market demand and basically covering all business areas. SZSE has comprehensively sorted out and integrated the existing service guides and operation manuals about matters in the List of Self-disciplinary Regulation Matters and the List of Market Service Matters that have been applied by market entities. Through improvement and supplementation, we developed service guides covering all business areas including issuance and listing, trading, listed companies, membership, fixed-income products, funds, derivatives and comprehensive services to provide clear and convenient services for market entities.
Unifying search and inquiry channels and providing a “one-stop” column for service guides. The column brings together various service guides and operation manuals distributed in different columns and business areas, and arranges and displays them in a concentrated manner by business field. Market entities can search for and inquire about them under the third-tier column “Service Guides” on the official website of SZSE. Meanwhile, the column highlights the key elements such as handling basis, handling department, handling time limit, handling process, application materials, charging standards and consulting methods that market entities are most concerned about, and launches a list of FAQs based on routine business, thus unifying the guide style & template and content elements, and facilitating the understanding and use of market entities.
Emphasizing key points of reform to enhancing market entities’ sense of gain. In order to ensure the high-quality operation of the registration-based IPO system of the ChiNext Board, SZSE newly adds the guides to IPO on ChiNext Board, refinancing, major asset restructuring and issuance underwriting, which clearly and intuitively present application conditions, review procedures, list of materials, processing time limits and FAQs. Together with the review information disclosure website for issuance and listing on the ChiNext Board, the “Shenzhen Securities Services” app and the full-process electronic review system, they adopt the work requirements of “opening up for reform in a transparent manner under joint efforts” into practices that are applicable and feasible on the market. In the future, SZSE will also supplement and update relevant service guides in a timely manner based on the progress in major reform tasks such as the delisting system reform, and provide market entities with efficient and clear business expectations through high-quality services.
Service guides serve as a powerful tool to realize “institutionalized, standardized, process-based and electronic” regulatory services, and an important window to facilitate market entities in obtaining information and conducting business. Next, SZSE will continuously adhere to the “open-minded, transparent, honest and strict” business concept, and keep strengthening regulation and improving services. With market demand as the focus and service-oriented regulation as the goal, we will continue to track and evaluate the implementation effect of various service guides, further simplify materials, streamline procedures and improve efficiency, so as to effectively enhance relevant parties’ sense of gain from the reform, and lay a solid foundation of “institutionalized, standardized, process-based and electronic” regulation for building a high-quality innovative capital center and a world-class exchange.
