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Circular of the National Development and Reform Commission and the Ministry of Finance on Relevant Issues concerning the Surveillance
Charging Rates for the Securities and Futures Market
Fa Gai Jia Ge [2006] No. 2437
China Securities Regulatory Commission,
Your Letter on the Relevant Issues concerning the Surveillance Charging Rates for the Securities and Futures Market (Zheng Jian An
[2005] No.390) has been received. Upon study, we hereby notify the relevant issues concerning the surveillance charging rates for
the securities and futures market as follows:
1.
The charging rates of securities trading surveillance fees collected by your Commission from Stock Exchanges in Shanghai and Shenzhen
shall still be 0.04f annual transaction volume in the case of stock and securities investment funds; and be 0.01f annual
transaction volume in the case of bonds (excluding the repurchase of government securities).
2.
The charging rates of institutional surveillance fees collected by your Commission on the securities companies, fund management companies
and futures brokerage companies registered within the territory of China shall still be 0.05f the registered capital, among others,
an amount collected from securities companies or fund management companies shall not be more than 300,000 yuan, and an amount collected
on futures brokerage companies shall not be more than 50,000 yuan.
3.
The charging rates of futures market surveillance charges collected by your Commission on futures exchanges in Shanghai, Zhengzhou
and Dalian shall still be 0.002f the annual transaction volume.
4.
Your Commission shall perform the procedures for charging license at the National Development and Reform Commission, and use the bills
according to the relevant provisions of the Ministry of Finance. Your Commission shall strictly implement the prescribed charging
rates, and consciously accept the surveillance and inspection of the departments of price and finance.
5.
The aforesaid provisions shall be performed as of January 1, 2006 with a valid period of three years. After the expiration of the
valid period, your Commission shall report to the National Development and Reform Commission and the Ministry of Finance for re-inspection
and approval pursuant to the prescribed procedures. The Circular of the State Planning Commission and the Ministry of Finance on
the Re-verification of Surveillance Charging Rates for the Securities Market and Other Relevant Issues (Jia Jia Ge [2003] No.60)
shall be abolished therefrom.
The National Development and Reform Commission
The Ministry of Finance
November 8, 2006
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