Anti-money laundering will be further prioritized as it bears much importance for the stable and healthy development of the capital markets, the China Securities Regulatory Commission (CSRC) said in a statement.
The CSRC will enhance regulation cooperation and information sharing with the country's central bank, while the regulatory mechanism for anti-money laundering will be improved. Supervision will be increased in terms of market access, anti-money laundering checks and punishment, and efforts will be made to train more experts in the field, the CSRC said.
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