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Central Committee of the Communist Party of China: Improve the trial rules for financial disputes in emerging fields such as Digital Money, mobile payments, and internet finance.
[Central Committee of the Communist Party of China: Improve the trial rules for financial disputes in emerging fields such as digital money, mobile payments, and internet finance] The Central Committee of the Communist Party of China has published opinions on strengthening the trial work in the new era, which mentions enhancing financial trial work. It emphasizes severe punishment for illegal activities in the financial sector such as market manipulation, insider trading, illegal fundraising, loan fraud, and Money Laundering, and strengthens the collaborative governance of illegal intermediary chaos in the financial sector to promote the healthy development of the financial market. Improve the trial rules for financial disputes in emerging fields such as digital money, mobile payments, internet finance, and cross-border financial asset trading. Establish a mechanism for connecting administrative law enforcement and judicial trials in the financial sector. (Xinhua News Agency)