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[Solicitation for New Regulations on Comprehensive Account Management of Brokerage Firms to Strengthen Supervision of Non-Real-Name Accounts and Abnormal Transactions] On August 31, the China Securities Association was soliciting opinions from the industry on the "Guidelines for the Management of Comprehensive Accounts of Clients of Securities Companies", aiming to optimize the account management functions of securities firms, standardize the management of comprehensive accounts of clients, and improve the service level of wealth management of brokerage firms. This is also a landmark step in the transformation of the pilot comprehensive account management of clients of securities firms into a regular one. In the early stage, 21 securities firms have obtained pilot qualifications. The key proposals in the "Guidelines" draft for comments include: First, securities firms must establish a comprehensive account service continuous management mechanism, and take corresponding management measures in a timely manner for customers who use accounts without their real names, abnormal account status, abnormal fund use and transaction behavior; second, clear penetration management requirements, consolidate, centrally monitor, and uniformly track and handle the risk monitoring indicators of capital accounts and subordinate sub-accounts, and prohibit the use of sub-accounts to avoid supervision or commit illegal activities. The new regulations require securities firms to establish and improve comprehensive account management systems, risk monitoring and early warning processing mechanisms, establish abnormal monitoring indicators for fund transfers in accounts with the same name, strengthen abnormal behavior monitoring, timely screen and analysis, and handle and report in accordance with regulations. (Reporter Lin Jian)
Brokerage news 🕐 2026-08-31 18:57

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