The reporter learned that the China Securities Association recently revised the “Liquidity Risk Management Guidelines for Securities Companies” and is currently seeking opinions from the industry on the revised draft. The revised “Guidelines” require that brokerage firms should fully consider liquidity risk factors in relevant systems such as internal pricing and assessment incentives, guide the establishment of a sound asset allocation structure, and avoid relaxing liquidity risk management due to excessive pursuit of business expansion and short-term profits.

The reporter learned that the China Securities Association recently revised the “Liquidity Risk Management Guidelines for Securities Companies” and is currently seeking opinions from the industry on the revised draft. The revised “Guidelines” require that brokerage firms should fully consider liquidity risk factors in relevant systems such as internal pricing and assessment incentives, guide the establishment of a sound asset allocation structure, and avoid relaxing liquidity risk management due to excessive pursuit of business expansion and short-term profits.