The China Securities Association has published a draft revision of the Securities Company Liquidity Risk Management Guidelines for industry comment. The draft clarifies responsibility boundaries and tightens management obligations, with a focus on hi

2026-08-03

The China Securities Association has published a draft revision of the Securities Company Liquidity Risk Management Guidelines for industry comment. The draft clarifies responsibility boundaries and tightens management obligations, with a focus on high‑complexity areas. The chapter on identification, assessment, monitoring, response and reporting adds explicit requirements for liquidity buffers, governance of cross‑border business and overseas subsidiaries, and cross-currency liquidity risk management.