Core Viewpoint - The Shenzhen Municipal Bureau of Local Financial Management and ten other departments have issued a public notice to further regulate the gold market operations, aiming to prevent market risks, protect consumer rights, and promote healthy market development [1][3]. Group 1: Prohibited Activities for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-priced trading, leveraged trading, and deferred trading through internet platforms under the guise of gold recycling and pre-priced buying and selling [3][5]. - Enterprises must not conduct illegal fundraising activities by promising fixed returns under the guise of gold custody, leasing, or repurchase [4]. - Enterprises are forbidden from misleading consumers through false advertising or using deceptive terms like "gold will rise significantly" [5][6]. Group 2: Prohibited Activities for Individuals - Individuals are not allowed to organize or participate in illegal gold pre-priced trading, illegal fundraising, or illegal gold investment activities [6]. - Individuals must not develop or sell illegal gold trading software or apps, nor provide technical support for such platforms [6]. Group 3: Prohibited Activities for Financial Institutions and Non-Bank Payment Institutions - Financial institutions must not conduct gold business without proper registration or approval from regulatory authorities and must adhere to reporting requirements for large and suspicious transactions [7]. - Financial institutions and non-bank payment institutions are prohibited from providing services to merchants engaged in illegal operations or promoting illegal gold activities [7].

Core Viewpoint - Shenzhen has implemented strict regulations to standardize the gold market, prevent market risks, protect consumer rights, and promote healthy market development [2][4]. Group 1: Prohibited Activities for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-priced trading, leveraged trading, and deferred trading through internet platforms [4][5]. - Illegal fundraising activities promising fixed returns under the guise of gold custody, leasing, or repurchase are banned [4]. - Enterprises must not mislead consumers through false advertising or exaggerated claims regarding gold products and investment returns [5]. Group 2: Prohibited Activities for Individuals - Individuals are not allowed to organize or participate in illegal gold pre-priced trading, illegal fundraising, or unauthorized gold investment activities [6]. - Development and sale of illegal gold trading software or apps are prohibited, as well as providing support for such activities [6]. Group 3: Prohibited Activities for Financial Institutions and Non-Bank Payment Institutions - Financial institutions must not conduct gold business without proper regulatory approval and must adhere to reporting requirements for large and suspicious transactions [7]. - They are also prohibited from providing services to illegal operators or promoting illegal gold activities [7].

Core Viewpoint - The Shenzhen Municipal Financial Management Bureau and other departments have issued a public notice to further regulate the operations of the gold market, outlining prohibited activities for enterprises, individuals, and financial institutions. Group 1: Prohibited Activities for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-priced trading, leveraged trading, and deferred trading through internet platforms, where customers pay a margin to lock in gold prices without actual physical delivery [1] - Enterprises must not conduct illegal fundraising activities under the guise of gold custody, leasing, or repurchase, promising fixed returns to clients [1] - Enterprises are forbidden from misleading consumers through exaggerated marketing claims, such as using phrases like "gold will rise significantly" or "earn big money from gold" [2] - Enterprises cannot use non-precious metals to impersonate pure gold or mix inferior materials, and must not charge undisclosed fees [3] Group 2: Prohibited Activities for Individuals - Individuals are not allowed to organize or participate in illegal gold pre-priced trading, illegal fundraising, or gold investment activities [4] - Individuals must not develop or sell illegal gold trading software or apps, nor provide information services for such illegal platforms [4] - Qualified individual investors can participate in gold ETFs and futures through legitimate channels, and can purchase physical gold from authorized stores or banks [4] Group 3: Prohibited Activities for Financial Institutions and Non-Bank Payment Institutions - Financial institutions must not conduct gold business without proper registration or approval from regulatory authorities, and must adhere to reporting requirements for large and suspicious transactions [5] - Financial institutions and non-bank payment institutions are prohibited from providing services to merchants engaged in illegal operations or promoting illegal gold activities [5] - Violations of these regulations may lead to legal consequences, including charges of illegal operations, fraud, and money laundering [5]

Group 1 - The Shenzhen Municipal Financial Management Bureau and 10 other departments issued a public notice to further regulate the gold market operations [1] - The notice prohibits illegal fundraising activities under the guise of gold custody, leasing, and repurchase that promise fixed returns to clients [1] - It is forbidden to use exaggerated phrases such as "gold will rise significantly" or "buy gold to make big money," and to overstate product value or investment returns [1] Group 2 - The notice also bans individuals from organizing or participating in illegal gold pricing transactions and other illegal trading activities [1]

Core Viewpoint - The Shenzhen Municipal Financial Management Bureau and other departments issued a public notice to regulate the gold market, prevent market risks, protect consumer rights, and promote healthy market development [5]. Group 1: Prohibited Activities for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-priced trading, leveraged trading, and deferred trading through internet platforms [5][6]. - Enterprises must not conduct illegal fundraising activities by promising fixed returns under the guise of gold custody, leasing, or repurchase [6]. - Enterprises are forbidden from misleading consumers through false advertising or using terms like "gold will rise significantly" [7]. Group 2: Prohibited Activities for Individuals - Individuals are not allowed to organize or participate in illegal gold pre-priced trading or illegal fundraising activities [9]. - Individuals must refrain from developing or selling illegal gold trading software or apps [9]. - Qualified individual investors can participate in gold ETFs and futures through legitimate channels [9]. Group 3: Prohibited Activities for Financial Institutions and Non-Bank Payment Institutions - Financial institutions must not conduct gold business without proper regulatory approval and must adhere to reporting requirements for large and suspicious transactions [10]. - Financial institutions and non-bank payment institutions are prohibited from providing services to illegal operators or promoting illegal gold activities [10]. - Violations of these regulations may lead to legal consequences, including criminal charges [10].

Core Viewpoint - Shenzhen's local financial management bureau has issued a public notice to further regulate the conduct of the gold market, highlighting prohibitive actions for enterprises, individuals, financial institutions, and non-bank payment institutions engaged in gold business [1] Financial Institutions and Non-Bank Payment Institutions - Financial institutions are prohibited from conducting gold business without proper filing or approval from financial regulatory authorities [1] - Institutions must adhere to large transaction reporting and suspicious transaction reporting systems, and must not delay, omit, or conceal reports in case of abnormal situations [1] - Financial institutions and non-bank payment institutions are not allowed to provide services to merchants that are not legally established or are engaged in illegal operations, nor can they promote illegal gold activities or facilitate such promotions [1]

Group 1 - The Shenzhen Municipal Financial Management Bureau issued a public notice on February 13 to further regulate the operating behaviors in the gold market [1] - The notice highlights prohibitive actions for individuals, enterprises, financial institutions, and non-bank payment institutions engaged in gold business [1] - Individuals are prohibited from organizing or participating in illegal gold pricing transactions, illegal fundraising under the guise of gold, and illegal gold entrusted investments [1] Group 2 - Individuals are also banned from developing or selling illegal gold trading software, apps, or mini-programs, and from providing information services and technical support for such illegal platforms [1] - Qualified individual investors can participate in gold ETFs and gold futures trading through legitimate channels [1] - Individuals may purchase physical gold through authorized gold shops or banks, and can invest in gold accumulation products or wealth management products linked to gold through banks [1]

Core Viewpoint - The article discusses the regulatory measures introduced by Shenzhen's financial authorities to standardize the gold market operations, mitigate market risks, protect consumer rights, and promote healthy market development [1]. Group 1: Prohibited Activities for Corporate Gold Business - The guidelines outline six prohibited activities for corporate gold businesses, including engaging in illegal gold trading activities such as pre-priced transactions, leveraged trading, and deferred transactions through internet platforms [3]. - Companies are prohibited from conducting illegal fundraising activities under the guise of gold custody, leasing, or repurchase that promise fixed returns [4]. - Engaging in unauthorized gold investment activities, such as misleading consumers into purchasing physical gold without actual delivery, is also banned [5]. - Companies must not use internet live streaming or other channels to illegally promote gold products or develop illegal trading software [5]. - Misrepresentation of membership in the Shanghai Gold Exchange or making misleading commercial claims is strictly forbidden [5]. - The use of non-precious metals to impersonate pure gold and other deceptive practices is prohibited [6]. Group 2: Prohibited Activities for Personal Gold Business - The guidelines specify two prohibited activities for personal gold businesses: participation in illegal gold pre-priced transactions and illegal fundraising or investment activities [8]. - Individuals are not allowed to develop or sell illegal gold trading software or provide support for such activities, but qualified investors can participate in gold ETFs and futures through legitimate channels [8]. Group 3: Prohibited Activities for Financial Institutions and Non-Bank Payment Institutions - Financial institutions are prohibited from conducting gold business without proper regulatory approval and must adhere to reporting requirements for large and suspicious transactions [10]. - These institutions must not provide services to merchants engaged in illegal operations or promote illegal gold activities [10]. Group 4: Legal Consequences - The article emphasizes that violations of these regulations may lead to legal consequences, including charges of illegal business operations, fraud, and money laundering, with potential criminal prosecution [11].

Group 1: Core Views - The Shenzhen Municipal Financial Management Bureau and ten other departments issued a public notice to further regulate gold market operations, emphasizing the prohibition of illegal gold trading activities [1][2]. Group 2: Prohibited Activities for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-priced trading, leveraged trading, and deferred trading through internet platforms [1][2]. - Activities that promise fixed returns under the guise of gold custody, leasing, or repurchase are also banned [2]. - Enterprises must not mislead consumers through false advertising or impersonate members of the Shanghai Gold Exchange [2][3]. Group 3: Prohibited Activities for Individuals - Individuals are not allowed to organize or participate in illegal gold trading activities, including pre-priced trading and illegal fundraising [7]. - Development and sale of illegal gold trading software or apps are prohibited, as well as providing support for such activities [7]. Group 4: Prohibited Activities for Financial Institutions - Financial institutions must not conduct gold business without proper regulatory approval and must adhere to reporting requirements for large and suspicious transactions [8]. - They are also prohibited from providing services to illegal businesses or promoting illegal gold activities [8].

Core Viewpoint - The Shenzhen authorities have issued a public notice to regulate the gold market, prevent market risks, protect consumer rights, and promote healthy market development by outlining prohibited activities for enterprises, individuals, financial institutions, and non-bank payment institutions engaged in gold business [1][5]. Group 1: Prohibited Activities for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-priced trading, leveraged trading, and deferred trading through internet platforms without actual physical delivery of gold [1][6]. - Enterprises must not conduct illegal fundraising activities under the guise of gold custody, leasing, or repurchase that promise fixed returns [1][6]. - Enterprises are forbidden from misleading consumers through false advertising or using exaggerated claims about gold products [2][7]. Group 2: Prohibited Activities for Individuals - Individuals are not allowed to organize or participate in illegal gold pre-priced trading, illegal fundraising, or gold investment activities [2][8]. - Individuals must not develop or sell illegal gold trading software or apps, nor provide technical support for such platforms [2][8]. - Qualified individual investors can participate in gold ETFs and futures through legitimate channels, and can purchase physical gold from authorized dealers or banks [2][8]. Group 3: Prohibited Activities for Financial Institutions and Non-Bank Payment Institutions - Financial institutions must not conduct gold business without proper regulatory approval and must adhere to reporting requirements for large and suspicious transactions [3][8]. - Financial institutions and non-bank payment institutions are prohibited from providing services to illegal operators and must not facilitate illegal gold activities [3][8]. Group 4: Legal Consequences - Any violation of these regulations by enterprises, individuals, financial institutions, or non-bank payment institutions may lead to legal actions for illegal operations, fraud, money laundering, and other criminal activities [4][8].