The 25th session of the 14th National People's Congress Standing Committee voted on the 6th to pass the anti-cross-border corruption law. The law consists of 6 chapters and 47 articles, including mechanisms and responsibilities, case handling and international cooperation, integrity and compliance, and legal responsibilities. The anti-cross-border corruption law was enacted to prevent and punish cross-border corruption, deepen international cooperation against corruption, safeguard national sovereignty, security and development interests, and promote the establishment of a fair and reasonable anti-corruption global governance system. The law makes it clear that the national anti-cross-border corruption working mechanism is led by the State Supervision Commission. The State Council's foreign affairs, public security, administration of justice, finance, commerce, anti-money laundering administration, auditing, state-owned assets supervision and management, financial supervision and administration, securities supervision and administration, Internet communication and other departments, agencies and other relevant agencies follow the division of responsibilities and tasks, strengthen work coordination and information sharing, and jointly carry out anti-cross-border corruption work. The Act comes into effect from the date of its promulgation.

Zhitongcaijing · 2d ago
The 25th session of the 14th National People's Congress Standing Committee voted on the 6th to pass the anti-cross-border corruption law. The law consists of 6 chapters and 47 articles, including mechanisms and responsibilities, case handling and international cooperation, integrity and compliance, and legal responsibilities. The anti-cross-border corruption law was enacted to prevent and punish cross-border corruption, deepen international cooperation against corruption, safeguard national sovereignty, security and development interests, and promote the establishment of a fair and reasonable anti-corruption global governance system. The law makes it clear that the national anti-cross-border corruption working mechanism is led by the State Supervision Commission. The State Council's foreign affairs, public security, administration of justice, finance, commerce, anti-money laundering administration, auditing, state-owned assets supervision and management, financial supervision and administration, securities supervision and administration, Internet communication and other departments, agencies and other relevant agencies follow the division of responsibilities and tasks, strengthen work coordination and information sharing, and jointly carry out anti-cross-border corruption work. The Act comes into effect from the date of its promulgation.