China Securities Association Emphasizes Risk Prevention in Key Areas

According to Foresight News, during the eighth member meeting of the China Securities Association on December 6, Wu Qing highlighted the importance of strengthening risk prevention in key sectors. He emphasized the need for vigilance in areas such as margin financing, over-the-counter derivatives, and private asset management. Additionally, attention should be given to institutions like remote headquarters subsidiaries, focusing on credit, liquidity, and compliance risks to prevent potential issues. Wu Qing also addressed the emerging field of crypto assets, advocating for thorough analysis and cautious handling. He stressed that businesses should not engage in activities that are unclear or unmanageable and should strictly avoid any illegal or non-compliant practices.