The Securities Regulatory Commission issued a document, and the transaction open -type fund was officially included in the interconnection

Every time a reporter Li Peipei is edited by Xiao Ruidong

"Daily Economic News" was informed that on the evening of June 24, the Securities and Futures Commission issued the "Announcement on Transaction Open Fund Integrated and Interconnected Related Arrangements" (hereinafter referred to as the "Announcement"), which officially included the transaction -type open -end fund into the interconnection. Interoperability.

The announcement is mainly composed of five major contents: first, the expansion of the interconnection and interoperability mechanism is expanded to the trading open fund, the other is to clarify the relevant institutional arrangement of reference to the stock interconnection, the third is to clarify the arrangement of investor identification code, the fourth is to clarify the management of securities companies and public fund management Related requirements, fifth is to clarify the relevant arrangements of business implementation.

Since the announcement of the announcement, the transaction -type open -end fund is officially included in the interconnection. Mainland and Hong Kong investors can pass the stock and transaction -type open -end fund fund listed on the exchanges within the scope of local securities companies or brokers to buy and sell Purchase. Some professionals said that the introduction of the "Announcement" is of great significance to further promote the development and growth of ETFs, and it is suggested that Kimin and Fund Corporation "should pay more attention to ETFs."

Regulatory posts, clarify the interconnection of the interconnection and interoperability.

This evening, the Securities Regulatory Commission issued the "Announcement on the Related Arrangement of Transaction Open Fund Integrated Fund" and drafting instructions.

The regulatory agency stated in the drafting background of the "Announcement" that since the opening of the interconnection mechanism of the mainland and the Hong Kong stock market transaction, it has maintained stable and orderly operation, attracting long -term funds for overseas funds to enter the market, improved market structure and ecology, promoting cross -border regulatory law enforcement and risks The improvement of prevention capabilities has played a positive role. In order to further enrich the transaction variety and provide more investment convenience and opportunities for domestic and foreign investors, the Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission have reached a consensus on the interactive investment target of the interconnected investment in the interconnection of the transaction open -type fund (exchange trading fund) in 2016. On May 27 this year, the CSRC issued a joint announcement with the Hong Kong Securities Regulatory Commission, and agreed that the exchanges of the two places to include qualified trading open funds (exchanges trading funds) into interconnection.

In order to regulate the related activities of interconnection, the CSRC issued the "Several Provisions of Interoperability" and "Guidelines for the Connect of the Mainland and the Hong Kong Stock Market Transaction Interconnection Guidelines" in 2016. , Trading settlement arrangements, regulatory cooperation, and securities fund operation agencies have made comprehensive systems. Considering that the above provisions are not included in the scope of the applicable scope of transaction -type open funds, the transaction -type open -end funds are required to be included in the relevant institutional arrangements of the interconnection.

The main points of the five major content, professionals suggest that more attention should be paid to ETF

Throughout the "Announcement", the content is mainly divided into five parts.

First, the interconnection mechanism is clearly expanded to a trading open fund. Since the announcement of the announcement, the transaction -type open -end fund is officially included in the interconnection. Mainland and Hong Kong investors can use the shares and transaction -type open -end fund shares listed on the exchanges within the scope of local securities companies or brokers to buy and sell Essence

Second, clarify the relevant institutional arrangements with reference to stock interconnection. The transaction -type open -end fund is included in the interconnected transaction and registration settlement arrangement, the appropriateness of investors, and cross -border supervision and cooperation between the two places. The situation of interconnected investment in domestic transaction -type open funds has also been clarified.

Third, clarify the investor identification code arrangement. The transaction -type open -end fund is included in the interconnection.

Fourth, clarify the relevant requirements of securities companies and public fund managers. Fund managers of securities companies and public fund -raising securities investment funds to carry out related matters related to the Hong Kong Stock Connect Trade Open Fund, shall comply with relevant laws and regulations and implement them with reference to relevant regulations.

Fifth, clarify the relevant arrangements of business implementation. The Shanghai Stock Exchange, the Shenzhen Stock Exchange, and the China Securities Registration and Settlement Co., Ltd. shall formulate or modify the relevant business rules in accordance with the relevant requirements of this announcement, and implement it after the approval of the Regulatory Commission.

Related documents also show that from May 27th to June 10 this year, the supervision publicly solicited opinions from the "Announcement". During the period, a total of 11 suggestions were received. In terms of promotion, some reasonable opinions have also been absorbed.

Regarding the introduction of the new regulations, Wang Qunhang, director and deputy general manager of Baijia Fund, told each reporter in an interview with WeChat on June 24 that ETF is a rapid development type in the public fund market in recent years. Very significant. "The release of the" Announcement "is of great significance for further promoting the development and growth of ETFs. It also gives Kimin and FOF managers a good reminder: it is necessary to pay more attention to ETFs."

Daily Economic News

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