CSRC and seven other departments: Strengthen the management of cross-border securities and futures fund investment regulations.

The China Securities Regulatory Commission and seven other departments jointly issued the latest "Implementation Plan for Comprehensive Rectification of Illegal Cross-border Securities and Futures Fund Management Activities", in which it mentioned strengthening talks and supervision with overseas institutions. The CSRC, together with relevant departments, will hold talks with overseas institutions engaged in illegal cross-border operations, urge them to strictly implement rectification requirements, formulate rectification work plans, clarify measures and progress for stopping illegal cross-border operations, and ensure the compliance of existing accounts. Talks will also be held with domestic entities that provide marketing and promotional services for overseas institutions engaged in illegal cross-border operations, urging them to promptly rectify and clean up related businesses. Regular follow-ups will be conducted to monitor the implementation of rectification policies and take timely action against those who fail to comply.