中国证监会等八部门：全面取缔境外证券期货基金经营机构非法跨境经营活动

Odaily Planet Daily News According to official sources, China's Securities Regulatory Commission and seven other departments have jointly issued the "Implementation Plan for the Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Business Activities." The general requirement of the "Rectification Plan" is to completely eliminate the illegal cross-border business activities of overseas securities, futures, and fund institutions after two years of concentrated rectification, achieving the goal of "resolutely banning illegal activities and steadily cleaning up existing stock."

The targets of the rectification include overseas institutions illegally engaging in cross-border securities, futures, and fund businesses; domestic related or cooperative entities assisting overseas institutions in illegal cross-border operations; illegal intermediaries soliciting domestic investors; and internet platforms and online self-media that illegally publish information. The illegal cross-border business activities of overseas institutions will be banned according to law, and actions by relevant entities violating laws and regulations on foreign exchange management, anti-money laundering, cybersecurity and information management, and personal information protection will also be included in the scope of the rectification.