State owned Assets Supervision and Administration Commission: Resolutely prevent and resolve business risks in the financial sector of central enterprises
2023-12-05
According to the website of the State owned Assets Supervision and Administration Commission on December 4th, on December 1st, the Party Committee of the State owned Assets Supervision and Administration Commission of the State Council held a special meeting to promote the special governance of central enterprise inspection and rectification, comprehensively deploying the special governance of violations of the spirit of the central eight point regulations and the special governance of business risk issues in the central enterprise financial sector. The meeting emphasized that all units of state-owned assets and central enterprises should face prominent problems, identify target tasks, and effectively carry out the rectification of special governance issues in accordance with the plan deployment. We need to focus on the "three deep excavations", namely, digging deep into issues such as illegal eating and drinking, illegal receiving and giving of gifts and gifts, and irregular performance of duties and benefits, and resolutely rectify prominent problems of hedonism and extravagance. Focusing on the "four shortcomings", namely inadequate implementation of the decisions and deployments of the Party Central Committee, inadequate performance of duties and responsibilities, inadequate adherence to the people-centered development concept, and inadequate reduction of burden at the grassroots level, we will resolutely rectify prominent problems of formalism and bureaucracy. Focusing on "four areas", namely trust companies, financial companies, commercial factoring companies, private equity investment funds, etc., we must resolutely prevent and resolve business risks in the central enterprise financial sector. At the same time, we must comprehensively assess the overall risks of the enterprise financial sector, identify, warn, expose, and dispose of them early. Once risks emerge, we must take decisive measures to eliminate them at the beginning, block them in the early stage, and establish a sound long-term mechanism, Firmly hold onto the bottom line of preventing systemic risks. The meeting requires strengthening organizational implementation and achieving practical results in high-quality promotion of special governance work. The Party Committee of the State owned Assets Supervision and Administration Commission of the State Council has separately established a special leadership group for addressing issues that violate the spirit of the eight point regulations of the central government, and a special leadership group for addressing business risks in the central enterprise financial sector. The special governance work will be included in important contents such as the assessment of the Party building responsibility system, comprehensive evaluation of the leadership team and personnel, evaluation of the work of the board of directors, and inspection and inspection, to ensure that pressure is transmitted layer by layer and responsibilities are implemented layer by layer, Form a strong joint force to promote special governance work. The party committees (party groups) of each unit should strengthen the implementation of their main responsibilities, strengthen organizational leadership, and carefully organize and implement them. They should establish a special governance promotion mechanism that connects all levels, consolidate the responsibilities of enterprises and functional departments at all levels, dare to take a sharp edge inward, dare to expose their shortcomings, and promote the coordinated investigation and governance of enterprises from top to bottom. We need to focus on key links and implement them effectively. Self inspection and self correction should highlight "practicality", supervision and inspection should highlight "strictness", and summary and improvement should highlight "governance". Based on the actual situation of the enterprise, we should establish a list of problems, tasks, and responsibilities, resolutely rectify them, and implement account cancellation management. We should transform the effective experience and practices formed in the governance process into a normal long-term institutional mechanism, clarify the red and bottom lines of various problems, and focus on solving common and long-term problems Deep level issues, continuously improving the effectiveness of special governance. We must strictly enforce work discipline, strictly implement the system of requesting instructions and reports, and implement relevant policies for special governance to ensure the effectiveness of all work. (Lai Xin She)
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：economic view
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