Cracking down on illegal cross-border securities and futures fund operations! China Securities Regulatory Commission and seven other departments jointly issued a document.

Zhtng Cijng APP learned that recently, the China Securities Regulatory Commission and eight other departments jointly issued the "Implementation Plan for Comprehensive Rectification of Illegal Cross-border Securities and Futures Fund Management Activities." The heads of relevant departments answered questions from journalists regarding the "rectification plan." The overall requirement of the "rectification plan" is to conduct a concentrated rectification for two years, comprehensively ban illegal cross-border operating activities of overseas securities and futures fund management institutions (referred to as overseas institutions), and achieve the rectification goal of "resolutely banning illegal activities and carefully cleaning up existing stocks."