China intensifies financial fraud combat in capital markets with joint guidelines from CSRC and six other agencies.

China is intensifying efforts to combat financial fraud in its capital markets, with the CSRC and six other government agencies issuing guidelines against capital market fraud. The measures aim to improve the quality and efficiency of law enforcement and judicial work, and include a strict crackdown on financial fraud in accordance with the law, and strengthening penetrating-style supervision. This follows a series of high-profile cases of corporate fraud that have plagued China's second-largest stock market.

July 05, 2024
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