China Securities Depository and Clearing Corporation Limited -- Market Rules for Securities Registration
Preamble
The China Securities Depository and Clearing Corporation Limited (the“CSDCCL”) is established in accordance with the relevant laws and regulations, China’s securities laws, and other laws and regulations. The Market Rules for Securities Registration (the“Rules”)are formulated in order to promote the development of the securities registration industry, and to regulate the securities registration business of the CSDCCL.
I. General Rules
Article 1 The CSDCCL shall conduct securities registration business in compliance with the laws and regulations and other relevant regulations, and shall perform its duties in accordance with the principle of impartiality and fairness.
Article 2 The scope of business of the CSDCCL shall include securities registration, transfer, pledge and re-issuance, and other related services, unless prohibited by laws and regulations and other relevant regulations.
Article 3 The CSDCCL may employ entrustment or sub-contracting when necessary in the course of performing its duty, and shall assume corresponding responsibility.
Article 4 No institution or person shall interfere in the business of the CSDCCL or impede the performance of its duty.
II. Securities Registration
Article 5 The securities registration business of the CSDCCL shall include the registration and handling for the primary issuer or follow-up issuer, the transfer of securities of the primary issuer or follow-up issuer, and accept and check the registration materials and documents, confirm the transfer order and handle the securities account.
Article 6 When the primary issuer or follow-up issuer applies for registration, the CSDCCL shall accept and check the required registration materials and documents, verify the accuracy of the materials and documents, and fulfill other necessary procedures.
Article 7 In case of transfer of securities of primary issuers or follow-up issuers, the CSDCCL shall accept the transfer order, verify the information, and handle the securities registration accordingly.
Article 8 When registering the pledged securities, the CSDCCL shall accept the paperwork of the pledgee, verify the information, and with the consent of the pledgee, it shall perform its duties in accordance with the corresponding pledgee’s request.
Article 9 The CSDCCL shall open securities account for primary issuer or follow-up issuer according to requirement, and make relevant registered data for the securities accounts management.
Article 10 The CSDCCL shall make sure the security and finality of the surviving rights and interests between the registration change.
Article 11 The CSDCCL shall announce the registered information of the securities publically.
Article 12 The CSDCCL shall keep the relevant information of securities registration and related activities confidential, unless required by laws and regulations, other relevant regulations, or with the consent of identified parties.
III. Fees and Charges
Article 13 The fees and charges for the securities registration business of the CSDCCL shall be charged in accordance with laws and regulations, and the market rules formulated by the CSDCCL.
Article 14 The CSDCCL shall not impose on customers any handling fees without legal basis.
Article 15 The CSDCCL reserves the right to adjust the fees and charges from time to time subject to laws and regulations.
IV. Conclusion
Article 16 The Rules shall come into effect upon being approved by the CSDCCL, and having been reported to the China Securities Regulatory Commission and other relevant regulatory authorities for the record.
