It was issued on December 29, 2017, and officially came into effect on July 1, 2018. On November 2, 2018, the State-owned Assets Supervision and Administration Commission issued the "Guidelines for Compliance Management of Central Enterprises (Trial)", which clearly stated that "central enterprises should accelerate the establishment and improvement of a sound compliance management system".

Compliance is the cornerstone of an organization's sustainable development. In recent years, the international community and governments worldwide have been committed to establishing and maintaining an open, transparent, and fair social order. Meanwhile, China is comprehensively advancing the governance of the country according to law. Against this backdrop, organizations are increasingly focusing on the compliance risks they face and how to achieve compliance. Compliance means that an organization adheres to applicable laws, regulations, and supervisory provisions, as well as relevant standards, contracts, effective governance principles, or ethical codes.

If non-compliance occurs, the organization may face legal sanctions, regulatory penalties, significant property losses, and reputational damage. The risks arising from these consequences are known as compliance risks.

Organizations establish effective compliance management systems to prevent compliance risks. Based on the identification, analysis, and evaluation of the compliance risks they face, organizations establish and improve compliance management processes to effectively respond to and control risks.