The China Securities Regulatory Commission (CSRC)
is an institution of the State Council of the People's Republic of China (PRC).
It is the main regulator for the mainland of the PRC.
Its functions are similar to that of the US Securities and Exchange
Commission in the United States.
1. To establish a centralised supervisory system for securities and futures
markets and to assume direct leadership over securities and futures market
2. To strengthen the supervision over securities and futures business, stock
and futures exchange markets, the listed companies, fund management companies
investing in the securities, securities and futures investment consulting firms,
and other intermediaries involved in the securities and futures business. To
raise the standard of information disclosure.
3. To increase the abilities to prevent and handle financial crisis.
4. To organise the drafting of laws and regulations for securities markets.
To study and formulate the principles, policies and rules related to securities
markets. To formulate development plans and annual plans for securities markets.
To direct, co-ordinate, supervise and examine matters related to securities in
various regions and relevant departments. To direct, plan and co-ordinate test
operations of futures market.
5. To exercise centralised supervision of securities business.
1. Studying and formulating policies and development plans regarding
securities and futures markets; drafting relevant laws and regulations on
securities and futures markets; and working out relevant rules on securities and
2. Supervising securities and futures markets and exercising vertical power
of authority over regional and provincial supervisory institutions of the
3. Overseeing the issuance, trading, custody and settlement of equity shares,
convertible bonds, and securities investment funds; approving the listing of
corporate bonds; and supervising the trading activities of listed government and
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