Second, it has places and facilities necessary for securities registration, depository and settlement services;
Third, the main managers and employees must have the qualification of securities business;
Fourth, other conditions stipulated by the securities regulatory agency.
The name of a securities registration and settlement company shall be marked with the words "securities registration and settlement". Securities registration and settlement adopt a centralized and unified operation mode throughout the country. The articles of association and business rules of a securities registration and clearing company shall be formulated according to law and approved by the securities regulatory body.
In order to ensure the registration and settlement company to perform its functions, the registration and settlement company has the necessary service equipment and perfect data security protection measures; Establish and improve business, financial and safety management systems; Establish a sound risk management system.