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China mulls harsher punishment for securities, futures crimes china.org.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from china.org.cn Daily Mail and Mail on Sunday newspapers.
China mulls harsher punishment for securities, futures crimes - Xinhua xinhuanet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from xinhuanet.com Daily Mail and Mail on Sunday newspapers.
2020-12-28 14:35:34 GMT2020-12-28 22:35:34(Beijing Time) Xinhua English BEIJING, Dec. 28 (Xinhua) China has adopted an amendment to its criminal law to intensify crackdowns on securities and futures crimes, aiming to provide a stronger legal guarantee for the country s ongoing capital market reform and promote healthy development of the sector. The criminal acts of fraudulently issuing securities and disclosing information, providing false supporting documents and manipulating the market will attract tougher punishment, according to Amendment XI to the Criminal Law adopted at a Standing Committee session of the National People s Congress, China s top legislature. The move came amid new problems and situations disrupting market order along with the development of the capital market, said the China Securities Regulatory Commission (CSRC), the country s securities regulator. ....