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China Securities Regulatory Commission issued 8 financial industry standards including "Communication Guidelines for Regional Equity Market Blockchai

China Securities Regulatory Commission issued 8 financial industry standards including "Communication Guidelines for Regional Equity Market Blockchai

CointimeCointime2024/11/23 10:00
By:Cointime

the China Securities Regulatory Commission (CSRC) has issued eight financial industry standards, including the "Blockchain General Infrastructure Communication Guidelines for Regional Equity Markets". The financial industry standard specifies the communication guidelines between the general financial infrastructure based on the "regulatory chain-local business chain" dual-layer architecture and the existing systems of regional equity markets. It clarifies the systems, main data objects, business scenarios, and operating instructions involved in six communication protocols, including user registration agreements, asset registration agreements, fund mapping agreements, asset mapping agreements, transfer management agreements, and settlement management agreements. The implementation of the standard is conducive to fully leveraging the support role of the "regulatory chain-local business chain" dual-layer blockchain architecture for existing business systems, and promoting the transformation and docking of existing business systems.

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