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CFA revises Internet account opening rules for futures

发布时间:2020-03-19     来源:      作者:    

Futures Daily News ( AliceZhao )A few days ago, CFA issued the revised "rules on Internet account opening of futures companies" (hereinafter referred to as the "rules"), in order to standardize the Internet account opening behavior of futures companies and protect the legitimate rights and interests of customers,which came into force as of the date of promulgation. The operation guide for opening an account on the Internet of futures companies issued and implemented on April 7, 2015 shall be abolished simultaneously.

According to information,there are five chapters and twenty-six rules.

Chapter one defines the basis for drafting the rules and defines the definition and scope of application of Internet account opening.

The second chapter is the basic requirements to clarify how futures companies implement the obligations of risk disclosure, investor suitability system and anti-money laundering. At the same time, it requires futures companies to establish a series of internal control mechanisms related to Internet account opening.

The third chapter is the specification of account opening, detailing the requirements of Internet account opening system of futures companies.

The fourth chapter is the part of self-discipline management, which clarifies the reporting mechanism of Internet account opening of futures companies, as well as the daily self-discipline inspection and disciplinary measures for violations.

Chapter five is the supplementary provisions.

In fact ,from the current point of view, futures companies Internet account has accounted for more than 95% of the entire account, the site is mainly legal customers and capital management customers.

In addition,Internet account opening has been a very mature technology, through the outbreak of remote working and the development of 5G in the future, more and more on-site business will be replaced by the network, to achieve customer business convenience.

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