The Financial Stability and Development Committee is headed by Vice-Premier Liu He. Photo: EPA-EFE The Financial Stability and Development Committee is headed by Vice-Premier Liu He. Photo: EPA-EFE
The Financial Stability and Development Committee is headed by Vice-Premier Liu He. Photo: EPA-EFE
Business /  China Business

Chinese super regulator calls for crackdown on ‘cancer’ of fraud in capital markets

  • Financial Stability and Development Committee sets out seven measures to eliminate fraudulent activity
  • Committee acknowledges ‘shortcomings in China’s financial system design and the subsequent low cost of committing a crime’

Topic |   Financial regulation
Yujing Liu
Yujing Liu

Updated: 11:03pm, 13 Jul, 2020

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The Financial Stability and Development Committee is headed by Vice-Premier Liu He. Photo: EPA-EFE The Financial Stability and Development Committee is headed by Vice-Premier Liu He. Photo: EPA-EFE
The Financial Stability and Development Committee is headed by Vice-Premier Liu He. Photo: EPA-EFE
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