On January 5, the China Securities Regulatory Commission held a symposium on promoting the cross-departmental work of the comprehensive punishment and prevention system for financial fraud in the capital market. Wu Qing, Party Secretary and Chairman of the Securities Regulatory Commission, presided over the meeting and made a speech. Comrades in charge of the Supreme People's Court, the Supreme People's Procuratorate, the National Development and Reform Commission, the Ministry of Public Security, the Ministry of Justice, the Ministry of Finance, the People's Bank of China, the State Council's State-owned Assets Administration Commission, the State Administration of Taxation, the General Administration of Market Supervision, and the General Administration of Financial Supervision attended the meeting and delivered speeches to jointly study and promote key tasks to further strengthen the comprehensive punishment and prevention of financial fraud. Li Chao, member of the Party Committee and Vice Chairman of the Securities Regulatory Commission, attended the meeting. Comrades in charge of relevant departments and bureaus of the Securities Regulatory Commission attended the meeting. At the meeting, various departments conducted in-depth discussions on the implementation of the “Comprehensive Punishment and Prevention Opinions” and next key tasks. The conference believes that the construction of a comprehensive punishment and prevention system for financial fraud in the capital market has entered a critical stage of deepening implementation, and that it is necessary to adhere to problem orientation and systematic thinking to play a “combo punch” for comprehensive punishment and prevention. Continue to improve system guarantees and promote the introduction of relevant laws and regulations. Further strengthen administrative, criminal, and civil coordination, deepen execution links in major cases, improve civil prosecution support mechanisms, and comprehensively crack down on financial fraud and third party cooperation fraud. Strengthen endogenous constraints on corporate governance, organize and carry out a new round of special corporate governance actions, and strengthen the construction of comprehensive prevention, normalization and long-term mechanisms.

On January 5, the China Securities Regulatory Commission held a symposium on promoting the cross-departmental work of the comprehensive punishment and prevention system for financial fraud in the capital market. Wu Qing, Party Secretary and Chairman of the Securities Regulatory Commission, presided over the meeting and made a speech. Comrades in charge of the Supreme People's Court, the Supreme People's Procuratorate, the National Development and Reform Commission, the Ministry of Public Security, the Ministry of Justice, the Ministry of Finance, the People's Bank of China, the State Council's State-owned Assets Administration Commission, the State Administration of Taxation, the General Administration of Market Supervision, and the General Administration of Financial Supervision attended the meeting and delivered speeches to jointly study and promote key tasks to further strengthen the comprehensive punishment and prevention of financial fraud. Li Chao, member of the Party Committee and Vice Chairman of the Securities Regulatory Commission, attended the meeting. Comrades in charge of relevant departments and bureaus of the Securities Regulatory Commission attended the meeting. At the meeting, various departments conducted in-depth discussions on the implementation of the “Comprehensive Punishment and Prevention Opinions” and next key tasks. The conference believes that the construction of a comprehensive punishment and prevention system for financial fraud in the capital market has entered a critical stage of deepening implementation, and that it is necessary to adhere to problem orientation and systematic thinking to play a “combo punch” for comprehensive punishment and prevention. Continue to improve system guarantees and promote the introduction of relevant laws and regulations. Further strengthen administrative, criminal, and civil coordination, deepen execution links in major cases, improve civil prosecution support mechanisms, and comprehensively crack down on financial fraud and third party cooperation fraud. Strengthen endogenous constraints on corporate governance, organize and carry out a new round of special corporate governance actions, and strengthen the construction of comprehensive prevention, normalization and long-term mechanisms.