TechFlow news, January 19 — According to Jinshi Data, at the National Procurators Conference held in Beijing on January 19, the Supreme People's Procuratorate (SPP) laid out plans on fully leveraging legal measures to serve high-quality development. The SPP required procuratorial organs to safeguard economic and financial security by cracking down on serious economic crimes and fostering a rule-of-law-based business environment.
Procuratorates are urged to severely punish crimes such as smuggling strategic mineral resources out of the country to protect national strategic interests; work with the National Financial Regulatory Administration and other agencies to govern illegal intermediaries in the financial sector, crack down on illegal fundraising, financial fraud, and other crimes, conduct full-chain suppression of financial "black and gray industries," ensure stable financial operations, and protect people's property safety;
Intensify anti-money laundering efforts, focusing on punishing crimes involving underground banks and money laundering via virtual assets. The SPP proposed collaborating with the China Securities Regulatory Commission (CSRC) to deepen rule-of-law construction in capital markets, improve the mechanism of派驻 (stationing) prosecutors in securities institutions, strictly punish securities crimes such as financial fraud and market manipulation, and safeguard capital market security. (Xinhua News Agency)
