The China Securities Industry Association revises and releases the "Securities Industry Practice Reputation Information Management Measures"

The “Measures” consists of six chapters and twenty-five articles, with revisions including the following four aspects: First, implement the requirements for advancing the advance compensation work. According to the CSRC’s requirements for legally promoting advance compensation work, it is clarified that relevant penalty information may be exempt from being recorded in the professional reputation information database for those who mitigate or eliminate illegal damages to investors through the advance compensation mechanism. Second, improve the sources of integrity information. Based on the management practices since the launch of the professional reputation information database, the information sourced from the CSRC’s integrity archive database will be adjusted to be submitted by members themselves, and the transitional arrangements will be converted into formal requirements. Third, improve the content of integrity information, clarifying the relevant circumstances of improper interference with regulatory enforcement. Fourth, other corresponding revisions.