（来源：经济日报） 2月4日，中国人民银行召开2026年金融法治工作会议，总结工作、分析形势、研究部署2026年金融法治 工作。会议认为，2025年金融法治各项工作扎实推进，金融立法成效明显，依法行政深入推进，在法治 轨道上防风险、强监管、促发展更加有力。协调推动中国人民银行法、金融稳定法等多部金融立法取得 重要进展，规章及规范性文件清理持续推进。执法检查和行政处罚规范开展，行政执法质效明显提升。 依法高效办理行政复议诉讼案件，积极开展法律顾问服务、法治研究和普法宣传，为中央银行履职提供 坚实法治保障。 会议要求，2026年要聚焦建设高水平法治央行，围绕中央银行中心任务，着力提升金融服务实体经济、 防范化解金融风险、促进经济金融高质量发展的法治保障，在推动金融立法、强化行政执法方面取得新 突破。加快推进重点金融立法，强化业务领域制度建设，构建完备的法律法规体系。健全依法行政体制 机制，提升行政执法规范化、法治化水平。稳妥做好行政复议工作，更加注重前端治理。强化法律服务 保障、金融法治研究和普法宣传。深化法治人才队伍建设，持续提升履职能力。（经济日报记者 勾明 扬） 转自：经济日报 ...

会议认为，2025年金融法治各项工作扎实推进，金融立法成效明显，依法行政深入推进，在法治轨道上 防风险、强监管、促发展更加有力。协调推动中国人民银行法、金融稳定法等多部金融立法取得重要进 展，规章及规范性文件清理持续推进。执法检查和行政处罚规范开展，行政执法质效明显提升。依法高 效办理行政复议诉讼案件，积极开展法律顾问服务、法治研究和普法宣传，为中央银行履职提供坚实法 治保障。 会议要求，2026年要聚焦建设高水平法治央行，围绕中央银行中心任务，着力提升金融服务实体经济、 防范化解金融风险、促进经济金融高质量发展的法治保障，在推动金融立法、强化行政执法方面取得新 突破。加快推进重点金融立法，强化业务领域制度建设，构建完备的法律法规体系。健全依法行政体制 机制，提升行政执法规范化、法治化水平。稳妥做好行政复议工作，更加注重前端治理。强化法律服务 保障、金融法治研究和普法宣传。深化法治人才队伍建设，持续提升履职能力。 北京商报讯（记者 董晗萱）2月6日，据中国人民银行官网，2月4日，中国人民银行召开2026年金融法 治工作会议。 ...

Group 1 - The core viewpoint emphasizes the importance of financial judicial reforms and the need for innovative measures to enhance the legal framework surrounding financial markets [1][2] - The Beijing Financial Court, under the leadership of Judge Ding Yuxiang, has made significant strides in addressing complex financial cases, including the landmark Blue Stone Asset case involving a false statement in the interbank bond market with a total amount of 500 million [1] - The court has introduced new mechanisms such as the "dual-track dual-platform" dispute resolution system and the "multi-factor migration synchronous comparison method" for loss calculation, reflecting the collective efforts of the court and the China Securities Association [2] Group 2 - Judge Ding Yuxiang plans to focus on breakthroughs in the area of financial institution bankruptcy in 2026, aiming to align judicial practices with the revised corporate bankruptcy law [3] - The judge emphasizes the importance of mentoring younger legal assistants in the courtroom, fostering both professional skills and party discipline through practical case handling [3] - The daily routine of Judge Ding includes early morning hours dedicated to writing judgments and reviewing cases, highlighting a commitment to both work and personal health through regular physical exercise [4]

Core Viewpoint - The Ministry of Public Security and the National Financial Regulatory Administration have launched a joint initiative to combat illegal financial activities, achieving significant results in curbing financial crime and protecting consumer rights [1][2]. Group 1: Financial Crime Combat Efforts - Since June, nearly 60 operations have been conducted, resulting in over 1,500 cases of financial crime being investigated and more than 200 organized crime groups dismantled, with a total amount involved nearing 300 billion [2]. - The initiative has effectively purified the financial market ecosystem and maintained national financial order and stability [2]. - Ten typical cases were disclosed, covering various financial sectors, including loan fraud, insurance fraud, and illegal agency rights protection, which severely harm consumer rights and disrupt financial market order [2]. Group 2: Regulatory Measures and Future Plans - The financial regulatory authority plans to intensify efforts against illegal loan intermediaries and unauthorized rights protection agencies, with a focus on enhancing the quality and effectiveness of regulatory measures by 2026 [5][6]. - By the end of November, over 4,500 leads were transferred to law enforcement, involving amounts exceeding 210 billion, and more than 1,700 reports were guided, involving over 170 billion [4]. - The regulatory body aims to strengthen inter-departmental collaboration and improve the legal framework surrounding financial crimes, including developing evidence transfer standards for criminal activities [6].

Core Viewpoint - The Ministry of Public Security and the National Financial Regulatory Administration have launched a six-month crackdown on illegal activities in the financial sector, resulting in significant achievements in combating "black and gray" industries that harm consumer rights and disrupt market order [1][3]. Group 1: Key Achievements - Over 1,500 cases of financial "black and gray" crimes have been investigated, with more than 200 organized crime groups dismantled, involving a total of nearly 30 billion yuan [1][3]. - The collaboration between law enforcement and financial regulatory bodies has led to the transfer of over 4,500 case leads to the police, involving amounts exceeding 21 billion yuan [3][4]. - The crackdown has resulted in a noticeable decrease in financial dispute complaints and an increase in public satisfaction and participation [3][6]. Group 2: Strategies Employed - The approach has shifted from "scattered operations" to "joint management," enhancing the mechanism for law enforcement collaboration [3][4]. - A focus on targeted enforcement has been established, utilizing data analysis to identify and investigate illegal activities in the financial sector [4][5]. - The integration of law enforcement and regulatory data has improved the efficiency of identifying and addressing illegal financial activities [2][3]. Group 3: Challenges and Responses - The complexity of identifying and prosecuting "black and gray" financial activities has been highlighted, with challenges including the obscurity of operations and the evolving nature of criminal methods [7][8]. - Measures have been implemented to enhance the identification standards for illegal intermediaries and to develop a risk warning mechanism to prevent illegal activities [8][11]. - Financial institutions are urged to strengthen their internal controls and risk management systems to mitigate exposure to illegal activities [11][12].

Core Viewpoint - The 2025 Financial Street Forum emphasizes the importance of advancing financial development through legal frameworks, highlighting the need for a robust financial legal system to support the construction of a financial powerhouse [1]. Group 1: Financial Legal System Development - The National People's Congress (NPC) is prioritizing financial legislation, including the formulation of a Financial Stability Law and amendments to the Banking Supervision Law [1]. - There is a call for enhanced research on foreign-related legal issues in finance to safeguard national financial security and promote high-level opening-up [1]. Group 2: Securities Dispute Resolution - The Beijing Financial Court has accepted 10,942 securities commercial cases from March 2021 to August 2025, with securities disputes accounting for 44.47% of its civil and commercial case filings [2]. - The court has handled 1,080 foreign-related cases involving 38 countries and regions, with securities misrepresentation and financial contract disputes being the most common types [2]. Group 3: Investor Protection and Fund Management - The rapid evolution of the private equity fund industry has led to challenges in governance and liquidation, prompting the China Securities Investment Fund Industry Association and the Beijing Financial Court to issue guidelines to protect investor rights [2]. - The court has introduced a dual-track dispute resolution mechanism to lower investor protection costs, including representative litigation and demonstration judgment mechanisms [3]. Group 4: Judicial Support for Capital Markets - Recent court rulings have clarified the legitimacy of investor representation in litigation when fund managers are unresponsive, addressing the "no one to perform duties" dilemma [3]. - The Beijing Financial Court has implemented innovative methods for loss calculation and has released guidelines to combat securities violations, clarifying responsibilities and regulating trading behaviors [3].

Group 1: Economic and Financial Strategy - The 20th Central Committee's Fourth Plenary Session approved the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development," outlining systematic planning and strategic deployment for economic and social development during the 15th Five-Year period [1] - The article emphasizes the integration of technological and industrial innovation, enhancing the inclusiveness and adaptability of capital market systems, and expanding high-level opening-up [1][2] Group 2: Financial System Improvement - The article by Wang Jiang highlights seven key tasks for building a strong financial nation, including improving the central bank system and promoting healthy capital market development [2][3] - It stresses the need for financial institutions to focus on their main businesses and enhance governance, while also supporting state-owned financial institutions in serving the real economy [3][4] Group 3: Monetary Policy and Macro-Prudential Management - The People's Bank of China aims to construct a scientific and robust monetary policy system and a comprehensive macro-prudential management framework to support high-quality financial development [6][7] - The article outlines the importance of adjusting monetary policy to match economic growth and price stability, emphasizing the need for a balanced approach to short-term and long-term economic goals [7][8] Group 4: International Financial Center Development - The article discusses the continuous development of various financial markets in Shanghai to enhance its global competitiveness and influence [4][5] - It calls for strengthening the cross-border payment and clearing system for the Renminbi and expanding institutional openness in the financial sector [4] Group 5: Trade and Investment Expansion - The article by Wang Wentao emphasizes the significance of expanding high-level opening-up, including promoting trade innovation and enhancing the quality of foreign trade [10][11] - It outlines tasks such as increasing market access in service sectors and optimizing the free trade zone strategy to boost innovation and development [11][12] Group 6: Real Estate Market Development - The article by Ni Hong focuses on promoting sustainable and healthy development in the real estate market through reforms in development, financing, and sales systems [14][15] - It highlights the need for a multi-level housing security system and emphasizes the importance of local governments in adjusting real estate policies based on specific city conditions [15][16]

Core Viewpoint - The financial law forum emphasizes the importance of legal frameworks in promoting financial development, innovation, and transformation, highlighting the need for a robust financial legal system to support the construction of a financial power and modern governance capabilities [1][4]. Group 1: Financial Legal System Development - The establishment of a sound financial legal system is crucial for building a financial power and modernizing financial governance [4]. - Legislative tasks in the financial sector are significant, with goals set by the 20th National Congress to formulate financial laws, including the Financial Stability Law and amendments to existing banking laws [4][5]. Group 2: Risk Prevention and Legal Framework - Preventing and mitigating financial risks, particularly avoiding systemic financial risks, is a core function of financial law [6]. - The Supreme People's Court has been guiding lower courts in major risk management, providing legal frameworks to address risks in areas like internet finance and real estate [6][7]. Group 3: Cross-Border Financial Challenges - The forum discussed the legal challenges and responses in cross-border finance, with a focus on the increasing complexity of international capital flows [11][14]. - The Beijing Financial Court highlighted the prevalence of securities fraud and disputes related to financial loans and investment contracts, reflecting the diverse legal needs arising from international cooperation [14]. Group 4: Regulatory Developments in Hong Kong - Hong Kong is adapting its regulatory framework to address new challenges, such as the implementation of a licensing system for virtual asset trading platforms to protect investors [8]. Group 5: Collaborative Outcomes - The Beijing Financial Court and industry associations released two reports focusing on judicial support for the high-quality development of the capital market and investor protection practices [18][19]. - These reports aim to address industry challenges, particularly concerning the management of private investment funds and the legal implications of fund manager failures [19].

Core Viewpoint - The Central Committee of the Communist Party of China emphasizes the acceleration of high-level technological self-reliance and the leading role of new quality productivity in the 15th Five-Year Plan [1] Group 1: Judicial Support for Technological Innovation - The judiciary plays a comprehensive role in supporting the development of new quality productivity by protecting technological talent, innovation, and industrial development [1] - The Beijing Financial Court aims to enhance legal protection for technology enterprises, which are crucial for innovation, by maintaining fair competition and strengthening intellectual property protection [2][3] Group 2: Financial Support and Legal Framework - The court has established rules to address financing challenges faced by technology innovation enterprises, ensuring a stable market expectation and protecting non-traditional financing methods [3] - A collaborative mechanism has been created with the Beijing Federation of Industry and Commerce to resolve disputes and support private enterprises, helping over 50 companies and safeguarding employment for over 100,000 workers [3] Group 3: Addressing Legal Shortcomings - There are existing legal shortcomings in supporting new quality productivity, particularly in the areas of financial innovation and cross-border finance, which require enhanced legal frameworks [4] - The Beijing Financial Court has initiated research teams to address key financial issues and has proposed legislative suggestions to improve laws affecting the private economy and bankruptcy [5] Group 4: Balancing Innovation and Risk - The court has explored various methods to support high-quality development in technology finance, including establishing a specialized adjudication and research system and innovating dispute resolution mechanisms [7] - There is a need to prevent financial risks while encouraging innovation, requiring a multi-dimensional regulatory approach to ensure that the essence of financial activities is captured within the legal framework [8][9]

Core Insights - The 2025 Financial Street Forum highlighted the dual nature of digital intelligence in finance, presenting both opportunities for innovation and new risks that require a legal and collaborative governance framework [1][2] Group 1: Governance and Risk Management - The Deputy Mayor of Beijing, Sun Shuo, emphasized the historical intersection of breakthrough digital technology applications and high-level financial openness, which creates new productive forces but also poses challenges such as algorithmic opacity and new fraud risks [1] - The Beijing government is focusing on enhancing regulatory collaboration and establishing a comprehensive risk prevention system while ensuring a stable and transparent financial environment [1][2] Group 2: Recommendations for Financial Risk Governance - Sun Shuo proposed three key recommendations for building a collaborative governance system in the digital era: leading with the rule of law, embracing technology for security, and promoting openness for shared benefits [2] - The Beijing People's Procuratorate is integrating the creation of a financial prosecution brand with the implementation of a digital prosecution strategy, emphasizing legal supervision as a core element of risk prevention and governance [2] Group 3: Initiatives and Publications - A joint initiative to combat financial black and gray industries was launched by the Beijing People's Procuratorate, the Beijing Regulatory Bureau of the National Financial Supervision Administration, and China University of Political Science and Law [2] - The Beijing People's Procuratorate released the "Beijing Procuratorial Financial White Paper (2024-2025)" along with typical case studies [2]