Guotai Junan Securities has passed the ISAE No. 3402 again recently, becoming a 
brokerage with Asset Custodian and Outsourcing Service that has passed the 
international certification for the fourth consecutive accounting year.

International Standard on Assurance Engagements (ISAE) No. 3402, Assurance 
Reports on Controls at a Service Organization (ISAE No. 3402 for short), was 
issued by the International Auditing and Assurance Standards Board (IAASB), 
which is part of the International Federation of Accountants (IFAC). ISAE 3402 
was developed to provide an international assurance standard for allowing 
public accountants to issue a report for use by user organizations on the 
controls at a service organization.

Since 2015, Guotai Junan Securities Asset Management Department has authorized 
PricewaterhouseCoopers (PwC) Zhongtian Accounting Firm to conduct ISAE 3402 
International Standards Assurance Project. Over four months of business 
interviews, walkthrough tests, control tests and report validation, PwC 
concludes that the control has been properly designed, and the tested control, 
along with the supplemental control, is reasonable and effective.

In recent years, Guotai Junan Securities' Asset Custodian and Outsourcing 
services have focused on providing full-service asset custody and fund 
administration services to global asset management agencies, devoting itself to 
creating professional service projects and advanced service models. The 
innovative service model that promotes innovation with service and leads the 
trend with innovation is widely praised by the industry. Last year, it won the 
"Best Custodian (Private Funds), China" and "Best Fund Administrator 
(Alternatives), China" which are issued by The Asset magazine.

Source: Guotai Junan Securities