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The main responsibilities of the inspection team of China Securities Regulatory Commission
Under the new system, the chief inspector is responsible for unified coordination and command of the supervision work of the whole system; The Inspection Bureau is mainly responsible for organizing, coordinating, guiding and urging case investigation, filing, examination and execution of administrative punishment, as well as cross-border law enforcement cooperation and industry anti-money laundering work; The inspection corps is mainly responsible for investigating and handling major cases such as insider trading, market manipulation and false statements, as well as important cases, urgent cases and sensitive cases involving a wide range and great influence; The inspection forces of local inspection bureaus and local supervision bureaus are mainly responsible for the investigation of cases within their respective jurisdictions, as well as informal investigations and various joint investigations; The Administrative Punishment Committee is responsible for hearing all cases.

The relevant person in charge of the CSRC said that the key points of this reform are as follows: First, the "separation of investigation and trial" mode promoted by the CSRC in recent years has been determined from the system, forming a mutual restraint mechanism for investigation and punishment power, and improving the professionalism, efficiency and fairness of law enforcement; Second, establish a centralized and unified command and inspection system to improve rapid response capability and overall operational efficiency; Third, to meet the needs of market development, further strengthen the inspection force.

In recent years, with the rapid development of the securities market and the gradual improvement of the degree of opening to the outside world, securities illegal activities have shown the characteristics of new type, diversification and networking, the number of cases has increased, and vicious cases have occurred from time to time, which has seriously disrupted the market order and brought great challenges to the standardized development of the securities market.

The CSRC said that the reform of law enforcement system is to optimize law enforcement resources, enrich law enforcement forces, strengthen organization and management, centralize and unify command, resolutely investigate and deal with all kinds of illegal acts, and effectively protect the interests of investors.

Xinhua News Agency, Beijing, 20 12,1230 February-The China Securities Regulatory Commission announced on the 30th that it approved the establishment of the sixth and seventh detachments of the inspection corps, further expanding the power of securities law enforcement.

According to reports, the sixth and seventh detachments of the inspection corps of the CSRC are all 50 people, located in Shanghai and Shenzhen respectively. Within the framework of centralized and unified handling of cases by the inspection corps, it is responsible for investigating and handling cases of securities and futures violations in Shanghai, Shenzhen and surrounding areas.

The person in charge of the relevant departments of the CSRC said that this is another important measure for the CSRC to continuously strengthen the law enforcement system and strengthen the inspection force according to the situation and tasks of capital market development and supervision.

It is reported that Shanghai and Shenzhen, as the regions with the most developed economy and the densest market subjects in China, are also hot spots where securities market cases frequently occur, and the task of inspection and law enforcement has been very heavy. At the same time, the Shanghai and Shenzhen Stock Exchanges are also the forefront of monitoring abnormal market transactions and finding clues about violations of laws and regulations.

The person in charge of the above departments said that the establishment of directly affiliated inspection and law enforcement branches in Shanghai and Shenzhen will help the regulatory authorities to be closer to the forefront of the market, realize the sinking of the inspection force, further strengthen the contact between the inspection department and the front-line monitoring department, and further improve the efficiency of law enforcement.

The person in charge said that the detachment will also establish a long-term cooperation mechanism with the Shanghai and Shenzhen branches of the Securities Crime Investigation Bureau of the Ministry of Public Security, strengthen the effective connection between administrative law enforcement and criminal accountability, and further increase the investigation and punishment of securities and futures crimes.