Public consultation on the draft Regulations on the Management of Securities Settlement Risk Fund, improving the regulations related to the size of the risk fund.

According to the Securities Times app, on May 9th, the China Securities Regulatory Commission, in conjunction with the Ministry of Finance, drafted the "Administrative Measures for Securities Settlement Risk Fund Management (Revised Draft for Soliciting Opinions)" and is now openly soliciting opinions from the public. The opinions proposed to improve the relevant regulations regarding the size of the risk fund. It is specified that the net assets of the risk fund shall not be less than 3 billion yuan. Once the scale reaches or exceeds the above-mentioned level, the securities registration and settlement institution will no longer extract funds, and settlement participants who have paid the risk fund for a full year will no longer continue to pay. If the size of the risk fund is less than 3 billion yuan, extraction or payment will resume from the next year. A new clause on dynamic evaluation is added, requiring "securities registration and settlement institutions to regularly dynamically evaluate and demonstrate the required scale of the fund, and report to the China Securities Regulatory Commission and the Ministry of Finance."