PANews, July 14 news, according to Jin Ten's report from Xinhua News Agency, the Central Committee of the Communist Party of China issued opinions on strengthening trial work in the new era, mentioning the need to strengthen financial trial work. It emphasizes the severe punishment of illegal activities in the financial sector such as market manipulation, insider trading, illegal fundraising, loan fraud, and money laundering. It also aims to enhance the collaborative governance of illegal intermediaries in the financial sector and promote healthy development of the financial market. The opinions propose to improve the rules for handling financial disputes in emerging fields such as digital currency, mobile payments, internet finance, and cross-border financial asset transactions. Additionally, it calls for the establishment of a mechanism to connect administrative law enforcement and judicial trials in the financial sector.
