PBOC Shanghai Headquarters: Continue to Crack Down on Illegal Activities in the Foreign Exchange Field

Recently, the Shanghai headquarters of the People's Bank of China held a work conference for the year 2026, emphasizing the need to continue preventing and resolving risks in key areas. It is important to strengthen the mechanism for preventing and resolving systemic financial risks, constantly improve the framework of macro-prudential management mechanisms, and continue to crack down on illegal activities in the foreign exchange field.