In October 2017 the Communist Party of China held its 19th National Congress. One of the key themes was the desire to increase the focus on combating financial crime. This follows the stock market crash in 2015 and enforcement actions against those considered responsible for the crash, including recent investigations into allegations of bribery and stock market manipulation involving senior officials at the China Securities Regulatory Commission (CSRC) and the China Insurance Regulatory Commission (CIRC), as well as criminal proceedings against brokerages.
Two particular enforcement initiatives have followed the National Congress.
No comments:
Post a Comment