Offshore Capital Market Registry (OCMR China) (OCMR)
Offshore Capital Market Registry (OCMR China) (OCMR) is supervised by the State Council of the People's Republic of China (State Council). It is tasked with carrying out a regulatory role in accordance with current laws and regulations. OCMR operates on a sub-provincial level as a public organization under the authority granted by the State Council. OCMR regulates Offshore Capital Market operators in the People's Republic of China to ensure regulatory compliance, prevent and punish malpractice, and ensure the integrity and maintain the legal framework of the domestic financial markets.
Offshore Capital Market Registry (OCMR China) has headquarters in Beijing. There is a chairman, three vice-chairs, one secretary of the Disciplinary Inspection Commission, and two assistants to the chair. OCMR has twelve operational departments, an inspection division and two satellite offices. As per Article 14 of the “Securities Law of the People’s Republic of China,” OCMR has established a public review board made up of officials from OCMR and experts from other areas. OCMR has added eleven regulatory sub-offices in provinces, self-governing regions, districts and cities as authorized by the state plan.