On June 24, the Shenzhen Securities Regulatory Bureau’s official website released the “Decision on Administrative Supervision Measures”, because Ping An Securities failed to perform due diligence in its first listing sponsorship project on LeTV 12 years ago. . The implementation of the internal control mechanism was not in place, and the issuer's financial data in the issuance sponsorship letter did not match the actual situation, which violated the relevant provisions of the "Administrative Measures for the Sponsorship of Securities Issuance and Listing", and decided to suspend the sponsorship of Ping An Securities for three months.
In March this year, Ping An Securities had received an advance notice of relevant administrative regulatory measures.
In response to this incident, Ping An Securities responded that in the past 10 years, the company has continued to establish and improve the internal control mechanism to improve the level of compliance and internal control, and related historical problems have been corrected.At present, Ping An's securities business is stable and has a good internal control evaluation.
It is reported that since the implementation of the new securities law two years ago, the China Securities Regulatory Commission has adhered to the comprehensive implementation of the "zero tolerance" law enforcement concept, based on preventing and defusing financial risks and protecting the legitimate rights and interests of investors, and through various means to tighten the responsibilities of intermediaries.As an important entity serving the real economy and helping the high-quality development of the capital market, securities companies and other intermediaries should also continue to strengthen internal control and compliance management, and give full play to the role of "gatekeepers".
