Supreme People's Procuratorate: Strengthen anti-money laundering efforts, with a focus on punishing crimes such as money laundering using virtual currencies

DeepFlowTech · 2026-01-19T11:08:51+00:00

The Supreme People's Procuratorate emphasized at the National Procurator-General Conference the importance of utilizing the rule of law to serve high-quality development, strictly punishing economic crimes, safeguarding financial security, cracking down on illegal fundraising and financial scams, strengthening anti-money laundering efforts, protecting people's property safety, and promoting the rule of law in the capital markets.

DeepFlowTech

2026-01-19 11:08:51

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Deep Tide TechFlow News, January 19 — According to Jinshi Data, at the National Procurator-General Conference held in Beijing on January 19, the Supreme People’s Procuratorate made arrangements for fully utilizing the rule of law to serve high-quality development. The Supreme Procuratorate requires that procuratorial organs lawfully safeguard economic and financial security, severely punish serious economic crimes, and promote the creation of a law-based business environment. The Supreme Procuratorate demands strict punishment for crimes such as smuggling and exporting strategic minerals, to safeguard national strategic interests;

Coordinate with the Financial Regulatory Administration and others to lawfully govern illegal intermediary chaos in the financial sector, severely punish crimes like illegal fundraising and financial fraud, crack down on the entire chain of financial “black and gray” industries, ensure stable financial operation, and protect the property safety of the people;

Increase efforts in anti-money laundering work, focusing on punishing crimes such as underground banking and virtual currency money laundering. The Supreme Procuratorate proposed to work with the China Securities Regulatory Commission to deepen the rule of law in the capital markets, improve the securities prosecution stationed mechanism, and strictly punish securities crimes such as financial fraud and market manipulation to maintain the safety of the capital market. (Xinhua News Agency)

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