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Central Committee of the Communist Party of China: Improving the rules for hearing financial disputes in emerging fields such as digital currency, mobile payments, and Internet finance

According to online reports, the Central Committee of the Communist Party of China issued opinions on strengthening trial work in the new era, which mentioned that financial trial work should be strengthened. Strictly punish illegal crimes in the financial field such as market manipulation, insider trading, illegal fund-raising, loan fraud, and money laundering in accordance with the law, strengthen the coordinated management of illegal intermediary chaos in the financial field, and promote the healthy development of the financial market. Improve the trial rules for financial disputes in emerging fields such as digital currency, mobile payments, Internet finance, and cross-border financial asset transactions. Improve the connection mechanism between administrative law enforcement and judicial trials in the financial field. (Xinhua Agency)

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