Core Viewpoint - The regulatory authorities are intensifying efforts to combat fraud in the capital market by targeting third-party companies that facilitate fraudulent activities for listed companies, rather than focusing solely on the companies themselves [1] Group 1: Regulatory Actions - The China Securities Regulatory Commission (CSRC) is seeking to enhance its power to impose administrative penalties on third-party companies involved in fraud by pushing for the introduction of the "Regulations on the Supervision and Administration of Listed Companies" [1] - The CSRC is also coordinating with other departments to transfer leads related to fraud for legal action, which has already been initiated and shows early signs of effectiveness [1] Group 2: Nature of Third-Party Companies - The third-party companies involved in facilitating fraud are typically small, unlisted, and often shell companies, making it challenging for the CSRC to impose penalties under existing regulations [1] - These companies provide substantial services for fraudulent activities, such as coordinating false transactions, which has prompted the regulatory crackdown [1]
监管层正加强严惩配合造假的第三方以重拳整治资本市场造假
Sou Hu Cai Jing·2025-08-05 13:41