Svmuu News: Recently, in accordance with the mechanism for regular meetings between the heads of the enforcement departments established by the China Securities Regulatory Commission (CSRC) and the Hong Kong Securities and Futures Commission (SFC), the securities regulators of the two jurisdictions held their 17th Bilateral Enforcement Cooperation Working Meeting, attended by the heads of the enforcement departments from both sides. During the meeting, both sides exchanged information on recent enforcement activities in their respective capital markets, trends in violations, and the status of case handling. They also reviewed the achievements of cross-border enforcement cooperation between the two jurisdictions, discussed progress on major cases of mutual concern, addressed topics such as combating new forms of cross-border violations and strengthening intelligence sharing, and explored further cooperation within the existing framework to continuously enhance the effectiveness of cross-border enforcement collaboration and tangibly improve the effectiveness and deterrent effect of regulatory enforcement.
Moving forward, the China Securities Regulatory Commission (CSRC) will continue to thoroughly implement the spirit of the Central Economic Work Conference, the National Financial System Work Conference, and the provisions of the new “Nine National Measures.” In accordance with the requirements to prevent risks, strengthen supervision, and promote high-quality development, the CSRC will work with the Hong Kong Securities and Futures Commission to continuously improve the cross-border law enforcement cooperation mechanism, strictly crack down on all types of cross-border violations in accordance with the law, and jointly safeguard the stable and healthy development of the capital markets in both regions. (CSRC)