Recently, the National Press and Publication Administration issued a notice soliciting opinions on the "Measures for the Administration of Online Games (Draft for Solicitation of Comments)" (hereinafter referred to as the "Draft for Solicitation of Comments"), which has aroused widespread concern in the society. The draft includes a series of regulations on the management of online games, including "the version number is valid for one year, and the version number cannot be registered", "no inducing rewards such as daily login, first recharge, and continuous recharge shall not be set", "no mandatory battles shall be set", "excessive use of games and high consumption shall be restricted", etc.
As soon as the draft was released, it immediately caused a strong shock in the gaming industry. The stock prices of many listed game companies have plummeted in response. Taking NetEase and Tencent as an example, as of the close of trading at 4 p.m. that day, NetEase's share price was HK$122 per share, down 24.60%, and the maximum decline reached 27.94%, and the market value evaporated by more than HK$128.3 billion, almost returning to the level at the beginning of the year. Tencent's share price was HK$274 per share, down 12.35%, with the largest decline of 15.67%, and its market value evaporated by more than HK$367.8 billion. The total evaporation of the market value of these two companies has approached HK$500 billion.
This news event has triggered us to think about corporate compliance management. Corporate compliance management is essential for the sustainable development of an enterprise. If the compliance management of enterprises is not in place, it is easy to face problems such as policy and regulatory risks, operational risks and reputational risks. Therefore, the role of corporate compliance officers is particularly important.
As corporate compliance specialists, they are responsible for formulating compliance rules and regulations to ensure that the company's operations comply with the requirements of laws and regulations, helping enterprises establish a sound internal control system to prevent various risks, and training employees to improve their legal awareness and compliance literacy. In this news event, we can also see the important role of corporate compliance professionals in corporate compliance management. Regarding the unified examination of professional competence (level) of corporate compliance officers, it is one of the important ways to review whether corporate compliance professionals have the corresponding ability. The Unified Examination for Professional Competence (Level) of Corporate Compliance Professionals is an offline exam. The examination venues are located in all provinces and municipalities directly under the central government across the country, in order to facilitate the majority of candidates to participate in the examination.
The Unified Examination for Professional Competence (Level) of Corporate Compliance Professionals covers a wide range of in-depth knowledge areas. The content of the exam includes, but is not limited to, basic knowledge of corporate compliance management, risk prevention and auditing, internal control and compliance system construction, laws and regulations, etc. The examination materials and syllabus can be viewed and downloaded through the Unified Examination Network for Professional Competence (Level) of Corporate Compliance Professionals.
I would like to remind you that the registration for the latest unified examination for the professional competence (level) of corporate compliance professionals will be closed on December 29, 2023, and the examination time will be on March 30, 2024. Finally, I would like to emphasize once again that the only registration channel for the Unified Examination of Professional Competence (Level) of Corporate Compliance Professionals is the Unified Examination Network for Professional Competence (Level) of Corporate Compliance Professionals.