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Thursday, August 24, 2017
Supreme People's Procuratorate issued "notice” on stronger crackdown of financial crimes
ANBOUND

The Supreme People's Procuratorate of China has issued a "notice” emphasizing on stronger crackdown and prevention in financial crimes and related negligence, tougher prosecutions to crimes that severely damage the financial security and sabotage the financial order, as well as calling for ample implementation of the duty of prosecution, strict regulation on behaviors that severely damage the financial market order, tougher prosecution on the problem-causing financial tycoon, and further supervision on the prosecution with clear result . These measures will form a stronger deterrence to the sector, discouraging intentions of committing financial crimes.

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