During a press conference on February 24, Wang Chong, head of the Second Civil Trial Division of China's Supreme People's Court, announced plans to prioritize the formulation of judicial interpretations on civil compensation for insider trading and market manipulation in the securities market.
Judicial System Addressing New Financial Challenges
With the rapid development of new financial instruments like virtual currencies, judicial authorities will strengthen legal research to ensure financial market stability and investor protection.
- Developing civil compensation rules for securities markets
- Researching judicial strategies for virtual currency cases
- Improving the financial judicial support system
These measures aim to address the evolving financial landscape and provide solid judicial safeguards for high-quality economic development.