On June 19, Wu Qing, Chairman of the China Securities Regulatory Commission, stated at the Lujiazui Forum that financial fraud by listed companies is a consistent focus of regulatory law enforcement and a significant concern of the current market. The China Securities Regulatory Commission is working with relevant departments to further build a comprehensive punishment and prevention system, strengthen through-the-line supervision, encourage whistleblowers to report, and strengthen the responsibilities of intermediary institutions such as investment banks and audit firms. By gathering interdepartmental coordination and central-local synergy, it will improve the ability to discover, punish, and prevent such activities.
证监会：上市公司财务造假是监管执法一以贯之的重点
CSRC: Financial fraud by listed companies is a consistent focus of regulatory enforcement.
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