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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.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/4-16.com/label.php on line 82
情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受
随机图片

情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受

更新时间: 浏览次数: 988

400电话:123456(点击咨询)
情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受各观看免费《今日汇总》
情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受各热线观看免费2025已更新(2025已更新)








情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受各区点热线观看免费《今日发布》
Random Image 情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受电话








7天观看免费人工电话为您、情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受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,








情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受各观看免费《今日汇总》2025已更新(今日/推荐)








情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受电话区域:








广州市(从化区、白云区、越秀区、花都区、黄埔区、增城区、荔湾区、番禺区、南沙区、天河区、海珠区)








文山壮族苗族自治州(砚山县、文山市、广南县、马关县、西畴县、麻栗坡县、富宁县、丘北县)








南平市(政和县、邵武市、武夷山市、顺昌县、延平区、建阳区、浦城县、光泽县、建瓯市、松溪县)








来宾市(象州县、金秀瑶族自治县、忻城县、武宣县、兴宾区、合山市)  南阳市(方城县、镇平县、内乡县、卧龙区、新野县、宛城区、唐河县、西峡县、桐柏县、淅川县、邓州市、社旗县、南召县)








保定市(顺平县、徐水区、定兴县、容城县、清苑区、望都县、蠡县、涿州市、易县、莲池区、安新县、定州市、满城区、曲阳县、博野县、唐县、安国市、高阳县、雄县、涞水县、竞秀区、涞源县、阜平县、高碑店市)








石家庄市(元氏县、栾城区、裕华区、深泽县、桥西区、新华区、行唐县、井陉矿区、赵县、晋州市、赞皇县、辛集市、长安区、鹿泉区、平山县、无极县、正定县、藁城区、新乐市、井陉县、灵寿县、高邑县)








七台河市(新兴区、茄子河区、勃利县、桃山区)济宁市(金乡县、兖州区、梁山县、任城区、泗水县、鱼台县、嘉祥县、邹城市、微山县、曲阜市、汶上县)








天津市(西青区、滨海新区、宝坻区、静海区、武清区、北辰区、宁河区、南开区、蓟州区、河东区、红桥区、和平区、津南区、河西区、东丽区、河北区)  宿迁市(沭阳县、泗洪县、宿城区、宿豫区、泗阳县)








云浮市(云安区、新兴县、郁南县、罗定市、云城区)








株洲市(炎陵县、荷塘区、芦淞区、茶陵县、天元区、渌口区、石峰区、攸县、醴陵市)








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








迪庆藏族自治州(维西傈僳族自治县、德钦县、香格里拉市)








儋州市








鞍山市(立山区、海城市、台安县、千山区、铁西区、岫岩满族自治县、铁东区)








河源市(紫金县、龙川县、源城区、和平县、东源县、连平县)








平凉市(庄浪县、泾川县、华亭市、灵台县、崆峒区、崇信县、静宁县)








武汉市(江汉区、蔡甸区、黄陂区、江夏区、东西湖区、新洲区、江岸区、武昌区、青山区、汉南区、硚口区、洪山区、汉阳区)








眉山市(仁寿县、彭山区、洪雅县、东坡区、青神县、丹棱县)








十堰市(房县、张湾区、竹溪县、竹山县、郧阳区、茅箭区、丹江口市、郧西县)








唐山市(丰润区、路南区、古冶区、遵化市、玉田县、开平区、路北区、乐亭县、曹妃甸区、丰南区、迁西县、滦州市、迁安市、滦南县)








朝阳市(龙城区、北票市、建平县、凌源市、双塔区、喀喇沁左翼蒙古族自治县、朝阳县)








海南藏族自治州(同德县、共和县、兴海县、贵南县、贵德县)








日照市(东港区、莒县、五莲县、岚山区)








景德镇市(乐平市、珠山区、昌江区、浮梁县)








永州市(江华瑶族自治县、新田县、东安县、祁阳市、冷水滩区、道县、零陵区、宁远县、双牌县、江永县、蓝山县)








鹤壁市(浚县、鹤山区、淇滨区、淇县、山城区)








济源市
400电话:123456(点击咨询)
情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受各观看免费《今日汇总》《今日发布》
情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受各观看免费《今日汇总》(2025已更新)








情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受各观看免费《今日汇总》【2025已更新列表】
情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受电话








7天观看免费人工电话为您、情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受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,








情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受中心2025已更新(今日/推荐)








情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受电话区域:








雅安市(石棉县、宝兴县、名山区、雨城区、汉源县、芦山县、天全县、荥经县)








咸阳市(礼泉县、兴平市、淳化县、杨陵区、渭城区、长武县、泾阳县、旬邑县、乾县、彬州市、武功县、秦都区、三原县、永寿县)








焦作市(武陟县、温县、修武县、孟州市、山阳区、沁阳市、解放区、马村区、中站区、博爱县)








通化市(辉南县、通化县、集安市、二道江区、东昌区、柳河县、梅河口市)  铁岭市(铁岭县、清河区、昌图县、西丰县、调兵山市、银州区、开原市)








辽阳市(辽阳县、宏伟区、白塔区、灯塔市、文圣区、弓长岭区、太子河区)








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








台州市(温岭市、黄岩区、玉环市、仙居县、临海市、椒江区、三门县、天台县、路桥区)三门峡市(卢氏县、陕州区、灵宝市、义马市、渑池县、湖滨区)








驻马店市(新蔡县、上蔡县、遂平县、正阳县、平舆县、汝南县、西平县、泌阳县、驿城区、确山县)  潍坊市(青州市、坊子区、寿光市、安丘市、高密市、奎文区、潍城区、临朐县、昌邑市、昌乐县、寒亭区、诸城市)








温州市(洞头区、龙港市、瑞安市、泰顺县、瓯海区、永嘉县、平阳县、苍南县、文成县、龙湾区、鹿城区、乐清市)








辽源市(龙山区、西安区、东丰县、东辽县)








濮阳市(范县、华龙区、台前县、濮阳县、清丰县、南乐县)湘潭市(岳塘区、雨湖区、湘潭县、韶山市、湘乡市)








舟山市(普陀区、嵊泗县、定海区、岱山县)








衡阳市(衡山县、祁东县、衡阳县、珠晖区、耒阳市、蒸湘区、常宁市、雁峰区、石鼓区、南岳区、衡南县、衡东县)








襄阳市(宜城市、老河口市、樊城区、谷城县、保康县、南漳县、襄州区、襄城区、枣阳市)








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








葫芦岛市(兴城市、南票区、绥中县、龙港区、建昌县、连山区)








海西蒙古族藏族自治州(茫崖市、乌兰县、德令哈市、格尔木市、天峻县、都兰县)








运城市(闻喜县、夏县、临猗县、绛县、平陆县、垣曲县、芮城县、新绛县、万荣县、稷山县、盐湖区、永济市、河津市)








嘉兴市(平湖市、南湖区、桐乡市、海盐县、嘉善县、秀洲区、海宁市)








张家口市(下花园区、康保县、桥西区、赤城县、崇礼区、沽源县、尚义县、宣化区、张北县、怀安县、桥东区、万全区、阳原县、涿鹿县、蔚县、怀来县)








广西壮族自治区








北京市(房山区、通州区、门头沟区、石景山区、东城区、丰台区、西城区、大兴区、怀柔区、密云区、平谷区、海淀区、昌平区、顺义区、朝阳区、延庆区)








安阳市(安阳县、内黄县、殷都区、滑县、北关区、林州市、龙安区、汤阴县、文峰区)








德阳市(中江县、旌阳区、绵竹市、什邡市、罗江区、广汉市)








红河哈尼族彝族自治州(建水县、石屏县、个旧市、蒙自市、屏边苗族自治县、开远市、河口瑶族自治县、元阳县、弥勒市、绿春县、金平苗族瑶族傣族自治县、泸西县、红河县)








阿拉善盟(额济纳旗、阿拉善左旗、阿拉善右旗)








德州市(临邑县、宁津县、平原县、乐陵市、武城县、夏津县、齐河县、陵城区、庆云县、德城区、禹城市)

  本报记者 周尚伃

  为深入贯彻中央金融工作会议精神,落实新“国九条”及“1+N”系列政策文件要求,着力打造现代金融机构,培育国际一流投资银行,助力行业高质量发展,4月18日,中国证券业协会(以下简称“中证协”)根据相关法律法规及监管规定,制定发布《证券公司并表管理指引(试行)》(以下简称《指引》),旨在提升证券公司全面风险管理能力,加强对子公司及业务条线的“垂直化”管理。

  对于《指引》的发布,中信建投证券相关负责人向《证券日报》记者表示:“这是证券行业应对复杂金融环境、促进高质量发展的重要举措,也是推动行业从‘单一机构风控’向‘公司并表管理’迈进的制度性依据,对提升行业服务实体经济效能、防范系统性风险具有重要意义。”

  全面提升风险管理水平

  《指引》中提及的并表管理,是指券商对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。

  往前回溯,2020年,中国证监会批准6家券商实施并表监管试点,为试点转常规探索和积累了行之有效的做法和经验。近年来,券商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,需要出台统一全面的专项指引。在中国证监会指导下,中证协组织风险管理专业委员会,总结前期试点经验,广泛征求行业及监管部门意见,研究制定了《指引》。

  华泰证券相关负责人向《证券日报》记者表示:“此前仅有6家试点券商实施并表监管,其他公司缺乏统一规范。《指引》的出台使全行业统一标准,推动各家券商风险管理能力向高标准看齐,促进行业整体风险管理水平提升。”

  “前期监管试点实践证明,并表管理有助于健全券商治理体系,完善全面风险管理机制,提升子公司风险管理水平,为券商综合化经营提供坚实的风险管理保障。”中信证券相关负责人向记者补充说。

  总体上看,券商并表管理的核心目的在于加强券商整体风险管理能力,维护券商稳健运行,防范金融风险跨区域、跨市场、跨境传染。

  在上述中信证券相关负责人看来,近年来,券商综合化布局积极,境内外子公司设立数量快速增长,逐步出现综合化经营发展态势。伴随着经营业务领域的不断扩展,风险的复杂程度也随之提升。将风险管控边界从母公司层面扩展至母子公司视角,既是券商全面、及时、有效评估和管控风险的必然需要,也是促进证券行业稳健经营和高质量发展的必备保障。

  “监管框架不再局限于单一法人视角,而将穿透式并表管理作为对券商有效监管的重要手段。通过将资本约束和风险敞口计量延伸至合并报表层面,不仅能够动态捕捉表内外、母子公司间的交叉性风险,还能够为构建宏观审慎的行业防火墙打下坚实基础。”中金公司相关负责人表示。

  推动协同增效

  总体而言,《指引》结合我国国情和券商实际情况,形成体系化的并表架构指南,共八章、四十一条。

  从内容来看,主要包括以下几个重要方面:一是明确并表管理范围,要求券商以实管实控为基础、兼顾业务复杂性和风险相关性,合理审慎确定并表主体范围,全面覆盖表内外、境内外、本外币业务,切实防范金融风险跨区域、跨市场、跨境传染。二是明确并表管理各要素的管理要求,从完善公司治理架构、加强业务协同与内部交易管理、建立全面风险管理体系、强化资本管理等方面提出具体要求,指导券商建立健全并表管理架构和工作机制,加强对子公司及业务条线的垂直管理,持续提升全面风险管理水平。三是配套制定行业并表管理风控指标计算标准,要求券商构建覆盖整体风险和资本充足情况的指标体系,逐步实现系统计算与动态监测,确保及时掌握资本使用及业务风险状况。四是设置差异化过渡期,为稳妥推进行业落实并表管理要求,《指引》针对不同类型券商设置了最长不超过三年的过渡期安排。

  在上述华泰证券相关负责人看来,《指引》主要内容及导向包括四个层面,一是强化公司治理,通过明确权责划分与协作机制,推动券商治理结构的优化升级。二是强调资本管理的集约化与前瞻性,优化风险控制指标计算标准,提升资源配置效率。三是推动业务协同并规范内部交易,引导券商从规模扩张转向协同增效,提升综合竞争能力。四是从“试点探索”到“全面规范”,促进行业整体风险管理水平提升。

  从试点券商的实践角度来看,以中金公司为例,公司相关负责人表示:“试点以来,中金公司随着国际化战略的推进,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。”

  同样作为试点券商之一的中信建投证券,其公司相关负责人表示,在中国证监会的指导下,公司积极参与并表管理试点实践,将并表试点作为重要抓手,探索并表管理体系下风险管理与业务协同的管理新思路,持续推进完善全面风险管理体系。通过实施并表试点,公司在风险全覆盖、境内外子公司管理、风险预警和基础设施等方面得到显著提升,并表管理体系下的全面风险管理能力显著增强。

  总体来看,《指引》是对中证协《证券公司全面风险管理规范(修订稿)》和各类风险管理规范的有效统筹和强化,为行业机构践行并表管理提供了规范和指南,有助于券商夯实合规内控基础,统筹加强一体化、垂直化管理,促进功能发挥。长远视角来看,正如上述中金公司相关负责人认为,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。

新闻结尾 情人 我吃糖果|解锁那些让人欲罢不能的音乐作品,感受的相关文章
60岁女司机撞伤6人 警方通报
中方回应美对华加征245%关税
梅州客家4月20日主场迎战深圳新鹏城
按摩店给6个月婴儿刮痧 卫健局回应
半夏一个眼神宣夜道心不稳
京东买药真的把价格打下来了
  • 友情链接:
  • 半夏一个眼神宣夜道心不稳 江西最古老超1500年树龄银杏树倒塌 中国通缉3名美国特工 详情曝光 微博文化交流之夜精彩舞台 刘耀文回应和张真源冷战

    查看更多评价 ∨