Securities Analysts Association of China

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Securities Analysts Association of China (SAAC; 对中国证券分析师协会) is a specialized organization of and working under the leadership of the Securities Association of China, a nationwide self-regulatory organization for the Chinese securities market investment consulting industry.^[1]

SAAC is under the Securities Association of China. SAAC was established on 5 July 2000 and . On 20 June 2007, SAAC held its third Members Meeting and elected its new Board. There are currently 30 experts from the industry sitting in the Board, including 1 president, 7 vice presidents, 17 committee members and 5 consultants. During the meeting, SAAC has redefined its objectives and revised its Working Rules.

The mission of the SAAC is to:^[2]

• Consider, collect and report opinions and suggestions regarding/from the industry;
• Study and explain policies and programs relating to the industry;
• Prepare and review self-regulatory codes, rules, performance standards and guidelines for the securities investment consulting industry;
• Organize and support innovative activities of the industry, summarize and advocate the experiences;
• Make recommendations to the SAC on punishment measures to member companies or professionals violated laws and regulations or self-regulatory codes and rules by the SAC;
• Mediate between member societies on business disputes;
• Assist in securities analysts training;
• Promote international exchange and cooperation;
• Fulfil other missions as may be entrusted by the SAC.

References

1. http://english.peopledaily.com.cn/english/200007/06/eng20000706_44807.html
2. http://www.asaf.org.au/members/saac/main.htm

External links

• http://www.sac.net.cn/