2023年2月17日，中國證(zheng)監會發(fa)布全面實行股票發(fa)行注冊制相(xiang)關制度規則，自公布之日起(qi)施行。證(zheng)券交易所(suo)、全國股轉公司、中國結算、中證(zheng)金(jin)融、證(zheng)券業協會配套(tao)制度規則同步(bu)發(fa)布實施。

　　全(quan)面(mian)實(shi)行注冊制(zhi)(zhi)是(shi)(shi)涉及資(zi)本(ben)市(shi)場全(quan)局的重大改(gai)革。在(zai)各方共同努力(li)下(xia)，科創(chuang)板(ban)、創(chuang)業板(ban)和(he)北(bei)交所試點注冊制(zhi)(zhi)總體上(shang)是(shi)(shi)成(cheng)功的，主要制(zhi)(zhi)度(du)規則經受住(zhu)了(le)市(shi)場檢驗(yan)，改(gai)革成(cheng)效得到了(le)市(shi)場認(ren)可。這(zhe)次全(quan)面(mian)實(shi)行注冊制(zhi)(zhi)制(zhi)(zhi)度(du)規則的發布(bu)實(shi)施，標(biao)志著注冊制(zhi)(zhi)的制(zhi)(zhi)度(du)安排基本(ben)定型，標(biao)志著注冊制(zhi)(zhi)推廣到全(quan)市(shi)場和(he)各類公(gong)開發行股票行為(wei)，在(zai)中國資(zi)本(ben)市(shi)場改(gai)革發展(zhan)進程中具有里程碑(bei)意義。

　　此次(ci)發(fa)(fa)(fa)(fa)布(bu)(bu)的(de)(de)制(zhi)度(du)規(gui)則(ze)共165部，其中(zhong)證(zheng)(zheng)監(jian)(jian)會(hui)(hui)發(fa)(fa)(fa)(fa)布(bu)(bu)的(de)(de)制(zhi)度(du)規(gui)則(ze)57部，證(zheng)(zheng)券(quan)交(jiao)(jiao)易(yi)所、全國股轉(zhuan)(zhuan)公(gong)司(si)(si)、中(zhong)國結(jie)算等(deng)(deng)發(fa)(fa)(fa)(fa)布(bu)(bu)的(de)(de)配套制(zhi)度(du)規(gui)則(ze)108部。內容(rong)涵蓋發(fa)(fa)(fa)(fa)行(xing)(xing)條件(jian)、注(zhu)(zhu)冊(ce)(ce)程(cheng)(cheng)序、保(bao)薦承(cheng)銷、重(zhong)(zhong)大(da)資(zi)產重(zhong)(zhong)組(zu)(zu)、監(jian)(jian)管執法(fa)(fa)、投(tou)(tou)資(zi)者保(bao)護(hu)(hu)等(deng)(deng)各個方(fang)面。主要(yao)內容(rong)包括：一是(shi)精簡優化(hua)(hua)發(fa)(fa)(fa)(fa)行(xing)(xing)上(shang)(shang)市(shi)條件(jian)。堅持(chi)以信息(xi)披露(lu)為(wei)核心，將(jiang)核準(zhun)制(zhi)下的(de)(de)發(fa)(fa)(fa)(fa)行(xing)(xing)條件(jian)盡可(ke)(ke)能轉(zhuan)(zhuan)化(hua)(hua)為(wei)信息(xi)披露(lu)要(yao)求(qiu)。各市(shi)場(chang)板塊設(she)(she)置多元包容(rong)的(de)(de)上(shang)(shang)市(shi)條件(jian)。二是(shi)完(wan)善(shan)審(shen)(shen)核注(zhu)(zhu)冊(ce)(ce)程(cheng)(cheng)序。堅持(chi)證(zheng)(zheng)券(quan)交(jiao)(jiao)易(yi)所審(shen)(shen)核和證(zheng)(zheng)監(jian)(jian)會(hui)(hui)注(zhu)(zhu)冊(ce)(ce)各有(you)側重(zhong)(zhong)、相互(hu)銜接的(de)(de)基本架構(gou)，進一步明晰(xi)證(zheng)(zheng)券(quan)交(jiao)(jiao)易(yi)所和證(zheng)(zheng)監(jian)(jian)會(hui)(hui)的(de)(de)職責分工，提高審(shen)(shen)核注(zhu)(zhu)冊(ce)(ce)效率和可(ke)(ke)預期性(xing)。證(zheng)(zheng)券(quan)交(jiao)(jiao)易(yi)所審(shen)(shen)核過程(cheng)(cheng)中(zhong)發(fa)(fa)(fa)(fa)現重(zhong)(zhong)大(da)敏感事項、重(zhong)(zhong)大(da)無先例情況、重(zhong)(zhong)大(da)輿情、重(zhong)(zhong)大(da)違法(fa)(fa)線索的(de)(de)，及時(shi)向證(zheng)(zheng)監(jian)(jian)會(hui)(hui)請示報(bao)告。證(zheng)(zheng)監(jian)(jian)會(hui)(hui)同(tong)(tong)步關(guan)(guan)注(zhu)(zhu)發(fa)(fa)(fa)(fa)行(xing)(xing)人是(shi)否符(fu)合國家(jia)產業政(zheng)(zheng)策和板塊定(ding)(ding)位。同(tong)(tong)時(shi)，取消證(zheng)(zheng)監(jian)(jian)會(hui)(hui)發(fa)(fa)(fa)(fa)行(xing)(xing)審(shen)(shen)核委員會(hui)(hui)和上(shang)(shang)市(shi)公(gong)司(si)(si)并購重(zhong)(zhong)組(zu)(zu)審(shen)(shen)核委員會(hui)(hui)。三(san)是(shi)優化(hua)(hua)發(fa)(fa)(fa)(fa)行(xing)(xing)承(cheng)銷制(zhi)度(du)。對(dui)新股發(fa)(fa)(fa)(fa)行(xing)(xing)價(jia)格、規(gui)模等(deng)(deng)不(bu)設(she)(she)任何行(xing)(xing)政(zheng)(zheng)性(xing)限制(zhi)，完(wan)善(shan)以機(ji)構(gou)投(tou)(tou)資(zi)者為(wei)參與主體(ti)的(de)(de)詢價(jia)、定(ding)(ding)價(jia)、配售等(deng)(deng)機(ji)制(zhi)。四是(shi)完(wan)善(shan)上(shang)(shang)市(shi)公(gong)司(si)(si)重(zhong)(zhong)大(da)資(zi)產重(zhong)(zhong)組(zu)(zu)制(zhi)度(du)。各市(shi)場(chang)板塊上(shang)(shang)市(shi)公(gong)司(si)(si)發(fa)(fa)(fa)(fa)行(xing)(xing)股份(fen)購買資(zi)產統一實行(xing)(xing)注(zhu)(zhu)冊(ce)(ce)制(zhi)，完(wan)善(shan)重(zhong)(zhong)組(zu)(zu)認定(ding)(ding)標準(zhun)和定(ding)(ding)價(jia)機(ji)制(zhi)，強化(hua)(hua)對(dui)重(zhong)(zhong)組(zu)(zu)活動(dong)的(de)(de)事中(zhong)事后(hou)監(jian)(jian)管。五是(shi)強化(hua)(hua)監(jian)(jian)管執法(fa)(fa)和投(tou)(tou)資(zi)者保(bao)護(hu)(hu)。依法(fa)(fa)從嚴打擊證(zheng)(zheng)券(quan)發(fa)(fa)(fa)(fa)行(xing)(xing)、保(bao)薦承(cheng)銷等(deng)(deng)過程(cheng)(cheng)中(zhong)的(de)(de)違法(fa)(fa)行(xing)(xing)為(wei)。細化(hua)(hua)責令(ling)回購制(zhi)度(du)安排(pai)。此外，全國股轉(zhuan)(zhuan)公(gong)司(si)(si)注(zhu)(zhu)冊(ce)(ce)制(zhi)有(you)關(guan)(guan)安排(pai)與證(zheng)(zheng)券(quan)交(jiao)(jiao)易(yi)所總(zong)體(ti)一致，并基于中(zhong)小企業特點(dian)作出差異(yi)化(hua)(hua)安排(pai)。

　　證(zheng)監(jian)(jian)(jian)會黨委和(he)中央紀委國(guo)家監(jian)(jian)(jian)委駐(zhu)證(zheng)監(jian)(jian)(jian)會紀檢監(jian)(jian)(jian)察(cha)組(zu)將(jiang)以(yi)強有力監(jian)(jian)(jian)督(du)打造廉潔的注冊(ce)制。在制度規則層面，健全覆蓋發行、上市、再融(rong)資、并(bing)購(gou)重組(zu)、退市、監(jian)(jian)(jian)管執法等各環節全流程的監(jian)(jian)(jian)督(du)制約機制，強化關鍵崗位人員廉政風(feng)險防(fang)范，加強行業廉潔從業監(jian)(jian)(jian)管。完善(shan)對證(zheng)券交(jiao)易所、全國(guo)股轉公(gong)司(si)的抵近式監(jian)(jian)(jian)督(du)和(he)對發行審核(he)注冊(ce)的嵌入式監(jian)(jian)(jian)督(du)，對資本(ben)市場(chang)領域(yu)腐(fu)敗“零容(rong)忍”，持之以(yi)恒正風(feng)肅紀。

　　全面實行注冊制(zhi)制(zhi)度規則公開(kai)征求意見(jian)期間，證(zheng)(zheng)監會(hui)(hui)通(tong)過郵件(jian)、信函、網絡留言等(deng)多(duo)種渠(qu)道廣泛聽取(qu)市場機(ji)構、專(zhuan)家學者(zhe)、社會(hui)(hui)公眾(zhong)(zhong)等(deng)方面的(de)(de)意見(jian)建議(yi)。證(zheng)(zheng)監會(hui)(hui)對社會(hui)(hui)各界提出的(de)(de)意見(jian)建議(yi)高度重視，逐(zhu)(zhu)日(ri)匯總(zong)整理(li)，逐(zhu)(zhu)條認真研究。截至2月16日(ri)，共收到意見(jian)447條，采納(na)89條，主要(yao)涉(she)及(ji)加大(da)違法(fa)違規行為懲戒力度、明確獨立(li)財務顧(gu)問的(de)(de)履(lv)職范圍、完善非上(shang)市公眾(zhong)(zhong)公司(si)控股股東和實際控制(zhi)人(ren)在(zai)重大(da)資產重組中(zhong)的(de)(de)法(fa)律責任規定等(deng)方面。未采納(na)的(de)(de)意見(jian)中(zhong)，有(you)的(de)(de)屬(shu)于(yu)操(cao)作層面的(de)(de)問題(ti)，將(jiang)(jiang)在(zai)具體工(gong)作中(zhong)予以落(luo)實；有(you)的(de)(de)屬(shu)于(yu)規則理(li)解(jie)問題(ti)，將(jiang)(jiang)通(tong)過宣(xuan)傳(chuan)解(jie)讀、行業培訓等(deng)方式予以明確；有(you)的(de)(de)存在(zai)較大(da)爭(zheng)議(yi)，需要(yao)進一(yi)步研究論證(zheng)(zheng)；還有(you)的(de)(de)缺乏上(shang)位法(fa)依據，已在(zai)相關立(li)法(fa)說明中(zhong)做(zuo)了(le)解(jie)釋。