Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82
亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!
随机图片

亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!

更新时间: 浏览次数: 764

400电话:123456(点击咨询)
亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!各观看免费《今日汇总》
亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!各热线观看免费2025已更新(2025已更新)








亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!各区点热线观看免费《今日发布》
Random Image 亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!电话








7天观看免费人工电话为您、亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!各观看免费《今日汇总》2025已更新(今日/推荐)








亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!电话区域:








金昌市(金川区、永昌县)








安康市(紫阳县、平利县、旬阳市、岚皋县、宁陕县、白河县、汉滨区、石泉县、汉阴县、镇坪县)








呼和浩特市(武川县、赛罕区、清水河县、托克托县、和林格尔县、回民区、土默特左旗、新城区、玉泉区)








九江市(德安县、浔阳区、瑞昌市、修水县、湖口县、濂溪区、永修县、共青城市、武宁县、庐山市、彭泽县、都昌县、柴桑区)  哈尔滨市(依兰县、道外区、道里区、五常市、方正县、南岗区、阿城区、尚志市、通河县、香坊区、巴彦县、松北区、木兰县、延寿县、呼兰区、双城区、宾县、平房区)








赤峰市(喀喇沁旗、巴林右旗、红山区、翁牛特旗、林西县、宁城县、元宝山区、敖汉旗、松山区、克什克腾旗、阿鲁科尔沁旗、巴林左旗)








厦门市(湖里区、集美区、同安区、翔安区、思明区、海沧区)








白城市(通榆县、大安市、洮南市、洮北区、镇赉县)临夏回族自治州(广河县、积石山保安族东乡族撒拉族自治县、永靖县、和政县、临夏县、临夏市、康乐县、东乡族自治县)








三亚市(吉阳区、海棠区、崖州区、天涯区)  玉溪市(易门县、元江哈尼族彝族傣族自治县、澄江市、红塔区、江川区、峨山彝族自治县、华宁县、新平彝族傣族自治县、通海县)








吉安市(遂川县、安福县、永新县、新干县、吉州区、峡江县、青原区、永丰县、万安县、泰和县、吉水县、井冈山市、吉安县)








营口市(大石桥市、老边区、西市区、鲅鱼圈区、盖州市、站前区)








百色市(那坡县、平果市、田林县、凌云县、西林县、靖西市、德保县、右江区、隆林各族自治县、乐业县、田东县、田阳区)








湖州市(南浔区、德清县、长兴县、安吉县、吴兴区)








抚顺市(新宾满族自治县、望花区、东洲区、顺城区、清原满族自治县、新抚区、抚顺县)








绥化市(肇东市、北林区、望奎县、青冈县、兰西县、安达市、绥棱县、庆安县、明水县、海伦市)








固原市(彭阳县、泾源县、隆德县、原州区、西吉县)








海东市(民和回族土族自治县、乐都区、化隆回族自治县、平安区、互助土族自治县、循化撒拉族自治县)








伊春市(大箐山县、嘉荫县、乌翠区、汤旺县、铁力市、金林区、伊美区、丰林县、南岔县、友好区)








陇南市(两当县、礼县、宕昌县、康县、武都区、西和县、成县、文县、徽县)








巴彦淖尔市(五原县、乌拉特中旗、临河区、乌拉特后旗、乌拉特前旗、磴口县、杭锦后旗)








临沧市(耿马傣族佤族自治县、云县、永德县、临翔区、沧源佤族自治县、凤庆县、镇康县、双江拉祜族佤族布朗族傣族自治县)








兰州市(安宁区、永登县、城关区、红古区、西固区、皋兰县、七里河区、榆中县)








江门市(新会区、台山市、开平市、恩平市、江海区、蓬江区、鹤山市)








辽阳市(宏伟区、弓长岭区、太子河区、灯塔市、文圣区、辽阳县、白塔区)








秦皇岛市(海港区、抚宁区、昌黎县、卢龙县、青龙满族自治县、山海关区、北戴河区)








延安市(安塞区、宜川县、黄龙县、志丹县、子长市、富县、延长县、洛川县、宝塔区、延川县、甘泉县、黄陵县、吴起县)








宿迁市(宿豫区、沭阳县、宿城区、泗洪县、泗阳县)








新乡市(原阳县、辉县市、长垣市、卫辉市、新乡县、获嘉县、牧野区、凤泉区、红旗区、封丘县、延津县、卫滨区)
400电话:123456(点击咨询)
亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!各观看免费《今日汇总》《今日发布》
亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!各观看免费《今日汇总》(2025已更新)








亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!各观看免费《今日汇总》【2025已更新列表】
亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!电话








7天观看免费人工电话为您、亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!中心2025已更新(今日/推荐)








亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!电话区域:








兴安盟(科尔沁右翼前旗、乌兰浩特市、扎赉特旗、科尔沁右翼中旗、阿尔山市、突泉县)








本溪市(本溪满族自治县、南芬区、桓仁满族自治县、溪湖区、明山区、平山区)








阿克苏地区(库车市、乌什县、柯坪县、温宿县、拜城县、阿克苏市、沙雅县、新和县、阿瓦提县)








汕尾市(海丰县、城区、陆河县、陆丰市)  牡丹江市(宁安市、东安区、海林市、绥芬河市、爱民区、林口县、穆棱市、阳明区、西安区、东宁市)








包头市(昆都仑区、青山区、固阳县、九原区、达尔罕茂明安联合旗、白云鄂博矿区、土默特右旗、石拐区、东河区)








宣城市(郎溪县、宁国市、宣州区、绩溪县、广德市、泾县、旌德县)








阜新市(太平区、海州区、新邱区、清河门区、细河区、彰武县、阜新蒙古族自治县)武威市(民勤县、凉州区、天祝藏族自治县、古浪县)








金华市(浦江县、兰溪市、金东区、武义县、磐安县、永康市、东阳市、义乌市、婺城区)  黄山市(祁门县、歙县、休宁县、黄山区、徽州区、黟县、屯溪区)








安庆市(怀宁县、望江县、大观区、太湖县、迎江区、岳西县、宿松县、桐城市、宜秀区、潜山市)








日照市(五莲县、岚山区、东港区、莒县)








随州市(随县、广水市、曾都区)邢台市(威县、平乡县、沙河市、新河县、信都区、任泽区、襄都区、临城县、广宗县、隆尧县、内丘县、柏乡县、南宫市、清河县、临西县、巨鹿县、南和区、宁晋县)








六安市(裕安区、舒城县、金安区、霍山县、霍邱县、叶集区、金寨县)








贵港市(平南县、桂平市、港南区、港北区、覃塘区)








漳州市(东山县、芗城区、龙文区、南靖县、漳浦县、云霄县、平和县、诏安县、长泰区、龙海区、华安县)








锡林郭勒盟(二连浩特市、正镶白旗、镶黄旗、苏尼特右旗、阿巴嘎旗、东乌珠穆沁旗、多伦县、锡林浩特市、正蓝旗、西乌珠穆沁旗、苏尼特左旗、太仆寺旗)








巴中市(恩阳区、平昌县、通江县、南江县、巴州区)








大理白族自治州(大理市、永平县、剑川县、宾川县、南涧彝族自治县、鹤庆县、弥渡县、漾濞彝族自治县、洱源县、祥云县、巍山彝族回族自治县、云龙县)








芜湖市(弋江区、镜湖区、湾沚区、繁昌区、南陵县、无为市、鸠江区)








湘潭市(湘乡市、雨湖区、湘潭县、韶山市、岳塘区)








鸡西市(麻山区、滴道区、城子河区、鸡冠区、密山市、鸡东县、梨树区、虎林市、恒山区)








天津市(滨海新区、宝坻区、武清区、河西区、宁河区、南开区、北辰区、西青区、蓟州区、河北区、东丽区、和平区、津南区、红桥区、河东区、静海区)








庆阳市(华池县、环县、庆城县、正宁县、西峰区、宁县、镇原县、合水县)








许昌市(魏都区、长葛市、鄢陵县、建安区、禹州市、襄城县)








龙岩市(上杭县、长汀县、武平县、新罗区、连城县、永定区、漳平市)








铁岭市(调兵山市、昌图县、西丰县、清河区、开原市、铁岭县、银州区)








通化市(辉南县、集安市、东昌区、通化县、柳河县、梅河口市、二道江区)








新余市(分宜县、渝水区)

  4月18日,中国证券业协会(简称“中证协”或“协会”)制定发布《证券公司并表管理指引(试行)》(简称《指引》),引导证券公司完善并表管理架构和模式,实现各类风险管理规范的有效统筹和强化。这也是对2020年并表监管试点的进一步推广。在业内人士看来,此次《指引》为证券行业机构践行并表管理提供了规范和指南,有助于证券公司夯实合规内控基础,统筹加强一体化、垂直化管理,促进功能发挥。

  明晰并表管理范围层级

  并表管理是指,证券公司对证券公司并表管理体系的公司治理、资本和财务等进行全面持续的管控,有效识别、计量、监测、评估和控制并表管理体系的总体风险状况。

  据悉,此次《指引》的落地,是对2020年证券公司并表监管试点的进一步推广。2020年,中国证监会批准6家证券公司实施并表监管试点。近年来,证券公司专业类子公司数量增加、业务领域不断扩展、市场服务功能更为丰富、国际化发展稳妥推进,加强并表管理的必要性日益突出。

  “《指引》充分反映了近年来我国证券行业的新情况、新变化、新要求,有利于引导证券公司体系化建立并表管理架构和模式,健全业务协同机制,不断提升综合性服务实体经济能力和差异化竞争力。”中金公司有关人士表示,从长远视角来看,未来行业将从规模扩张向资本效率驱动转型,推动实现风险隔离机制与业务协同效应的动态平衡,为金融体系的整体稳健运行提供结构性保障。

  从内容来看,《指引》共八章、四十一条,共涵盖并表管理范围、并表管理各要素的管理要求、配套制定行业并表管理风控指标计算标准以及设置差异化过渡期四方面内容。

  其中,在并表管理的范围和层级方面,《指引》作出了进一步明确。具体来看,此次监管范围涉及两个方面,在并表主体范围方面,涵盖现行企业会计准则规定的会计并表范围的机构。证券公司对被投资机构不构成控制,但被投资机构所产生的风险和潜在损失足以对证券公司造成重大影响的,也应纳入并表管理范围。

  在并表业务范围方面,《指引》明确证券公司应当将纳入并表管理机构的各类表内外、境内外、本外币业务纳入整体并表管理业务范围。层级原则上要求逐级开展,证券公司也可以根据附属机构的战略作用、风险实质等情况,跨级对附属机构进行并表管理。

  “《指引》本着实质重于形式和风险审慎性原则,兼顾控制关系与风险相关性,明确了并表管理的主体范围以及业务范围。”谈及并表主体范围,中信证券有关人士表示,对于并表管理的清晰定义以及对于并表范围的明确规范,有助于有效拓展并表管理的内涵与外延。

  明确并表管理各要素要求

  与此同时,《指引》还对公司治理、业务协同与内部交易管理、风险管理、资本管理等并表管理构成要素的管理要求做了明确。

  公司治理方面,《指引》提出,明确建立以并表管理为基础的公司治理架构,确保其与证券公司整体业务性质、资本实力、业务复杂程度和风险管理能力相适应;明确董事会、监事会、经理层、各部门、各分支机构及各附属机构要充分履行相应的并表管理职责,建立健全并表管理协作机制,将并表管理纳入内部审计范畴等。

  业务协同与内部交易管理方面,《指引》则要求证券公司根据业务种类、区域布局、市场环境和自身并表管理能力,科学进行经营决策,指导各附属机构围绕公司总体战略充分发挥协同效应,合理配置公司资源,对成员之间开展的外包服务、交叉业务进行规范管理。此外,《指引》还要求证券公司内建立并持续完善内部防火墙体系,有效防范金融风险在内部无序传递和跨区域、跨市场、跨境传染等。

  在资本管理方面,《指引》以前期并表监管试点实践为基础,参考2025年1月正式实施的证券公司风险控制指标计算标准规定,同时考虑近年来证券行业各业务发展情况以及境内外业务差异,配套制定了行业并表风险控制指标计算标准。同时,证券公司应根据附属机构数量、业务复杂程度、内部管理需要等,构建反映公司整体风险水平、各类风险水平以及资本充足水平的指标体系,并逐步实现系统计算和监测。

  “《指引》的落地有助于证券公司建立母子公司全业务链条‘垂直’一体化管控体系。”国泰海通有关人士表示,《指引》要求在并表管理体系范围内推行基本一致的风险偏好和管理流程以覆盖各类业务,建立健全风险识别与评估的标准和机制,能够有效管理证券公司各类业务、场景及人员风险状况。

  稳妥推进行业落实并表管理

  值得注意的是,《指引》充分考虑到了行业中不同体量的证券公司差异性,设定不同过渡期,有利于证券行业并表管理从试点转向常规监管的平稳过渡。

  其中,对于已正式实施并表监管试点的证券公司,过渡期为自发布之日起一年;对于其他下设有境外附属机构的证券公司,过渡期为自发布之日起两年;而其余证券公司过渡期为自发布之日起三年。

  “试点以来,中金公司随着国际化战略推进,业务领域不断扩展,强化公司治理、资本管理、风险管理、财务管理的重要性及必要性日益突出。”中金公司有关人士表示,本次适用于全行业的并表管理指引的出台,对于引导中金公司完善并表管理架构和模式,加强对子公司的定位和管控力度,不断提升经营竞争力及整体风险管理水平具有十分重要的意义。

  “招商证券以推进并表监管试点工作为契机,不断强化风险全覆盖管理,加强对境内外子公司的风险垂直管控,推动提升风控数智化水平,在深化并表管理的过程中持续完善风险管理体系和提升风险管理能力。”招商证券有关人士表示,未来,将进一步对照《指引》落实各项监管要求,持续完善风险管理体系,为证券行业的整体稳健运行和风险管理水平提升贡献积极力量。

  据悉,下一步,协会将在监管部门指导下开展培训和交流,做好相关规则解读,引导证券公司持续提升全面风险管理能力,维护证券行业稳健运行。

  据投资者和银行透露,越来越多富有的美国人正在瑞士开设银行账户,以此作为其投资组合“去美国化”的一部分。

  瑞士的银行表示,近几个月来,他们注意到美国高净值人士对开设投资账户的兴趣大增,相关业务也随之增多。

  瑞士金融咨询公司AlpenPartnersInternational的首席执行官PierreGabris说:“这种情况是一波一波出现的。奥巴马当选的时候,我们看到了一波热潮。然后新冠疫情引发了另一波。现在,关税问题又引发了新的一波。”

  Gabris表示,不同的客户开设账户的动机各不相同。

  许多人希望实现投资多元化,减少对美元的依赖,他们认为,在美国债务不断飙升的压力下,美元还会进一步贬值。瑞士中立的政治立场、稳定的经济、坚挺的货币以及可靠的法律体系都颇具吸引力。

  还有一些人是出于政治方面的考虑,他们认为在特朗普政府执政期间,美国的法治有所倒退。

  另外,也有一些人开设瑞士账户是为了在以黄金储存和精炼厂闻名的瑞士购买实物黄金。

新闻结尾 亞洲AV女優無碼人妻濑亚美莉:北京5例引发关注,防疫政策亟待调整!的相关文章
哈尔滨市公安局公开通缉3名美国国家安全局(NSA)特工
欧盟搁置对俄天然气制裁
网友拍到因日食出现的恶魔之角
整活!趁女友熟睡给她贴颜料布块…把她染成黑色!
旋转猫合集第一季(TinyYelly)
哈斯勒姆:巴特勒比韦德和老詹聪明
  • 友情链接:
  • 花21万追女生签自愿赠与协议后起诉 夜读丨介绍一位明代怪杰 内裤扔洗衣机里风险有多高

    查看更多评价 ∨