CSRC: Will study and formulate a plan for promoting rule of law building in the capital market, and accelerate legislation and amendments in key areas

Ask AI · How will the CSRC’s new rule-of-law plan optimize the market regulatory mechanism?

On the 27th, the China Securities Regulatory Commission released its work report on advancing the rule-of-law government for 2025. Throughout the year, it handled 701 cases involving violations of securities and futures laws, with fines and confiscated proceeds totaling more than 15.474 billion yuan. It transferred 172 leads for suspected criminal cases to public security authorities. It jointly issued guiding cases on crimes involving securities violations with the Supreme People’s Procuratorate, fully signaling strict supervision and enforcement. It will accelerate the building of an all-encompassing system to punish and prevent financial fraud, severely punishing malicious financial fraud cases such as those involving Furen Pharmaceutical and Poli Pharma. It will maintain a high-pressure posture toward crackdowns on transaction-related violations, imposing fines and confiscated proceeds exceeding 100 million yuan on cases such as the manipulation case of Jinsui Chun and the illegal share reduction case of Tian Han. It will also punish intermediary institutions such as Shine Wing Zhonghe, Asia-Pacific Law Firm, and East China Securities in accordance with the law.

In 2026, the CSRC will study and formulate a plan for law-based development of the capital market, speed up legislation and amendments in key areas, and improve the inclusiveness, adaptability, competitiveness, and attractiveness of the system. It will fully implement work requirements for strictly cracking down on securities-related violations in accordance with the law. It will uphold a regulatory and law-enforcement approach that is “sharp with teeth,” with edges and angles, and it will severely crack down on all kinds of illegal and criminal activities involving securities and futures. It will strengthen protection for small and medium investors in the capital market, promote more representative litigation cases and cases for advance compensation to be implemented, and effectively enhance investors’ sense of gain. It will study and formulate a plan for integrity-building, ensure that credit regulation is implemented properly, and continuously and proactively cultivate a market environment that is law-abiding and trustworthy. It will help the high-quality development of the capital market reach a new level and support a strong start for the “14th Five-Year” (15th-five-year) period.

(China Central Television reporter Sha Qian)

©2026 Central Broadcasting and Television General Station. All rights reserved. Do not reproduce or use without permission.