最高法、证监会：涉及复杂金融产品的违法行为 要依法努力做到“看得清、判得准”

Core Viewpoint - The Supreme People's Court and the China Securities Regulatory Commission have issued guidelines aimed at ensuring clear and accurate legal judgments regarding complex financial products, emphasizing the need for thorough investigation into the nature of financial transactions and relationships [1] Group 1: Regulatory Focus - The guidelines stress the importance of identifying the flow of funds, contractual arrangements, and underlying assets in cases involving complex financial products such as funds, bonds, and asset-backed securities [1] - There is a clear directive to accurately determine the true intentions of the parties involved and the nature of the legal relationships formed [1] Group 2: Compliance and Enforcement - The guidelines highlight the need to recognize violations such as regulatory evasion, profit transfer, and the illegal transformation of private placement products into public offerings based on the nature of the behavior and regulatory intensity [1] - The aim is to ensure that legal judgments are made with clarity and precision, thereby enhancing the integrity of the capital market [1]