星球日报|May 22, 2026 08:43
[Strengthening Internet Platforms and Information Cleanup: Eight Departments of the CSRC]
Odaily Planet Daily News: The China Securities Regulatory Commission (CSRC) and eight other departments have jointly issued the latest 'Implementation Plan for Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Operations.' The main tasks outlined in the 'Rectification Plan' emphasize strengthening internet platforms and information cleanup. The Cyberspace Administration of China (CAC) will urge domestic internet platforms to improve their review and monitoring systems for publishing information related to illegal cross-border operations. Based on notifications from financial regulatory authorities, platforms are required to promptly clean up and handle relevant illegal information and accounts. Severe cases involving problematic internet platforms and online self-media will be subject to strict interviews and penalties. Telecommunications authorities will, based on lists provided by financial regulatory departments, take down or shut down domestic websites and apps linked to illegal cross-border operations by foreign entities. Market regulatory departments will address illegal advertisements flagged by financial regulatory authorities.
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