First, the background and purpose of CSI.
The establishment of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as CSI) is an important achievement in the standardization and legalization of China's securities market. Its purpose is to ensure the fairness, justice and openness of the securities market, safeguard the legitimate rights and interests of investors and promote the stable and healthy development of the securities market.
Second, the main responsibilities of CSI.
As the core institution of the securities market, China Securities Association bears many important responsibilities. Among them, the most important thing is to be responsible for the registration, depository and settlement of securities. This means that CSI plays a vital role in stock issuance, trading and delisting. In addition, CSI is also responsible for providing investors with account management, information inquiry and other services to ensure that investors' rights and interests are fully protected.
Third, the role of CSI in the securities market.
CSI plays an important role in the securities market. Its efficient registration and settlement system provides a strong guarantee for the stable operation of the securities market. At the same time, CSI has effectively maintained the fairness and justice of the market by standardizing operational procedures and strengthening risk management. In addition, CSI also actively participated in the exchange and cooperation in the international securities market, which promoted the internationalization of China's securities market.
To sum up:
As the core institution of China securities market, CSI is called "China Securities Depository and Clearing Co., Ltd.". The company undertakes important responsibilities such as securities registration, depository and settlement, and provides safe, efficient and professional services for the securities market. The establishment and development of CSI is of great significance to the standardization and legalization of China's securities market.
Legal basis:
Company Law of the People's Republic of China
Article 6 provides that:
To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company.
People's Republic of China (PRC) Securities Law
Article 136 stipulates:
Securities registration and settlement institutions provide centralized registration, custody and settlement services for securities transactions, and are non-profit legal persons.