Employees of securities firms are about to welcome a new version of the code of professional ethics.
A Chinese reporter from a securities firm has learned that the China Securities Association is recently soliciting opinions in the industry on the revision of the Code of Professional Ethics for Securities Practitioners (hereinafter referred to as "the Code"). The purpose of this revision is to further adapt to the new situation, new tasks and new requirements, and guide securities practitioners to cherish their professional reputation and abide by professional ethics.
It is reported that on the basis of being consistent with the financial culture with Chinese characteristics, this revision respects the characteristics of the industry and forms a code of ethics with the characteristics of the securities industry as well as specific exhibition requirements for securities practitioners. There are a total of six newly revised "guidelines," the first five of which are consistent with the "five desires and five noes", and the sixth is "respect, tolerance and common development."
According to the data, as of May 22, the total number of employees in the securities industry was 34.Zarcasinofreespins2022today.70,000 people.
Form a moral code with the characteristics of the securities industry
Recently, the China Securities Association said that in order to strengthen the construction of professional ethics of securities practitioners, the China Securities Association organized a revision.Zarcasinofreespins2022todayThe "Code". We are now soliciting opinions from securities firms, who can give feedback before May 24.
A lot of amendments have been made this time.
First of all, we should persist in vigorously carrying forward and practicing the financial culture with Chinese characteristics of "five desires and five noes". Accordingly, we should add new parts that are not covered in the previous version, and adjust the parts with inconsistent expressions. The first five articles of the revised draft are in accordance with "honest and trustworthy, professional and dutiful", "second, profit from righteousness, cherish reputation", "prudent and prudent, committed to long-term innovation, benefit the country and the people", and fifth, comply with the law and regulations. The order of honesty and self-discipline is consistent with the order and content of the "five wants and five noes".
In addition, this revision also complements the corresponding requirements of "professional due diligence", "cherishing reputation", "committed to long-term", "benefit the country and the people", and "honesty and self-discipline" according to the characteristics of the industry. The China Securities Association said that on the basis that the style is consistent with the financial culture with Chinese characteristics, respect the characteristics of the industry, form a code of ethics with the characteristics of the securities industry, and aim at the specific exhibition requirements of securities practitioners, guide employees to cherish their professional reputation, abide by professional ethics, and promote the training of high-quality professional talents with both ability and political integrity.
It is reported that the so-called "five desires and five noes" means to be honest and trustworthy and not to cross the bottom line.Zarcasinofreespins2022todayGain profit from righteousness, not for profit only; be prudent and prudent, not eager for quick success and quick profit; be upright and innovative, do not break away from reality to vanity; comply with the law, and do not act recklessly.
Secondly, adhere to the integration and refinement of some of the provisions of the original "guidelines". In order to optimize the logical relationship between the provisions of the original "guidelines" and avoid repeated discussion, this revision has merged and updated some of the provisions. For example, the original "Code" of "honest and trustworthy, diligent due diligence" and "third, honest and faithful, rigorous professional" into the new provisions "honest and trustworthy, professional due diligence" and so on.
The China Securities Association said that under the premise of meeting the requirements of "five desires and five noes", the "guidelines" are integrated in accordance with the principle of relevance, and while retaining the basic meaning of the original provisions, the condensed provisions are more concise and accurate.
Third, continue to advocate the industry ecology of respect for tolerance and common development. The final clause of the revised draft inherits the main content of the original guidelines of "respect, inclusiveness and common development", which is linked up with the above-mentioned provisions. The above five articles put forward the norms of ideas and behavior guidelines under the guidance of financial culture with Chinese characteristics, while this article focuses on creating a good spiritual outlook of the securities industry and complements it from the perspective of industry ecology and social community. and then promote the harmonious and stable development of the securities industry and the whole society as a whole.
At the same time, the revised draft complements and improves the provision, and finally proposes to "be a structured, responsible and respectable practitioner", summing up the functional orientation of the Code as a guide for practitioners' behavior. guide employees in the industry to actively fulfill their social responsibilities and establish a good social image.
Professional ethics keep pace with the times
It is reported that the original "Code" was issued in August 2020 and has played an important role in strengthening the construction of professional ethics of employees since its release. In order to implement the spirit of the Central Financial work Conference and further strengthen and consolidate the achievements in the construction of industry culture, the Central Securities Association has revised the guidelines.
The Central Financial work Conference was held in October 2023, which systematically expounded the essential characteristics and main connotations of adhering to the road of financial development with Chinese characteristics and the modern financial system with Chinese characteristics, and defined the direction for doing a good job in financial work in the new era. In January 2024, the special seminar on promoting high-quality financial development for major leading cadres at the provincial and ministerial level pointed out the need to actively cultivate a financial culture with Chinese characteristics and achieve the "five desires and five noes".
In March 2024, the China Securities Regulatory Commission clearly put forward the need to correct the positioning of industry institutions in the "opinions on strengthening the Supervision of Securities companies and Public funds and speeding up the Construction of first-class Investment Banks and Investment institutions". Urge industry institutions and employees to vigorously carry forward and implement the "five wants and five noes" financial culture with Chinese characteristics.
"in order to further adapt to the new situation, new tasks and new requirements, and to guide securities practitioners to cherish their professional reputation and abide by professional ethics, it is necessary to revise the Code in the light of the reality of the industry." The China Securities Association said.
This article was first posted on the official account of Wechat: brokerage China. The content of the article belongs to the author's personal point of view and does not represent the position of Hexun. Investors operate accordingly, at their own risk.