China Securities Regulatory Commission and Seven Other Departments: Fully Ban Illegal Cross-Border Operations of Overseas Securities, Futures, and Fund Institutions The China Securities Regulatory Commission (CSRC) and seven other departments jointly issued the *Implementation Plan for Comprehensive Rectification of Illegal Cross-Border Operations of Securities, Futures, and Fund Institutions*. The overall goal of the plan is to, within two years of focused rectification, fully eliminate illegal cross-border operations by overseas securities, futures, and fund institutions, achieving the objective of 'resolutely banning illegal activities and prudently clearing existing cases.' Key targets include overseas institutions conducting illegal cross-border securities and futures fund operations, domestic entities or partners assisting such overseas institutions, illegal intermediaries soliciting domestic investors, and internet platforms or self-media outlets publishing unlawful information. Illegal cross-border operations by overseas institutions will be banned in accordance with the law. Activities violating regulations on foreign exchange management, anti-money laundering, cybersecurity and information management, and personal information protection will also be included in the scope of rectification.