证监会正双管齐下加强对造假第三方的约束力度

Core Viewpoint - The regulatory authorities are intensifying efforts to combat capital market fraud by imposing strict penalties on third-party companies that facilitate fraudulent activities for listed companies [1][2][3] Group 1: Regulatory Actions - The China Securities Regulatory Commission (CSRC) is seeking to amend laws to grant itself the authority to impose administrative penalties on third-party companies involved in fraud [2] - The CSRC is also coordinating with relevant departments to transfer leads on fraudulent activities for legal action, a measure that has already been initiated and is showing initial results [2] Group 2: Targeted Entities - The focus is on third-party companies that provide substantial fraudulent services, such as facilitating fake transactions, which are typically small, unlisted, and often shell companies [1][2] - These third-party entities are facing potential administrative, civil, and criminal penalties as part of a multi-faceted regulatory approach [3]