论文部分内容阅读
证券公司客户交易结算资金第三方存管(以下简称“第三方存管”)是为落实《证券法》和有关监管要求而在证券全行业限时实施的一项客户交易结算资金管理制度的改革。根据新修订《证券法》关于客户交易结算资金应存放在商业银行,以每个客户的名义单独管理的有关规定,证监会自2006年以来开始稳步推进第三方存管业务,并于2007年底在全行业实施。实施第三方存管后,现行的客户证券交易操作方式并不会发生改变,但客户证券交易结算资金的存取管理方式、券商的资金清算路径均发生了较大变化。本文通过详细介绍第三方存管模式下的证券交易结算流程,分析了第三方存管业务实施后证券交易资金结算的影响,并提出了有针对性的对策建议。
Securities company client transaction settlement funds Third-party depository (hereinafter referred to as “third-party depository ”) is the implementation of the “Securities Law” and the regulatory requirements in the securities industry-wide implementation of a customer transaction settlement fund management system reform. According to the newly revised Securities Law, the relevant provisions of the Securities Law on the settlement of client transaction settlement funds should be deposited in commercial banks under the sole management of each client. Since the beginning of 2006, the CSRC has steadily promoted the third-party depository business. At the end of 2007, The entire industry. After the implementation of the third-party custody, the current customer securities trading operation will not change, but the client securities trading settlement funds access management, brokerage funds clearing path have undergone major changes. This paper introduces the settlement process of the securities transaction under the third-party depository mode in detail, analyzes the impact of settlement of the securities transaction funds after the implementation of the third-party depository business, and puts forward some countermeasures and suggestions.