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The latest regulations on private deposits of public funds

The latest regulations on private deposits of public funds are that those who take advantage of their position to privately deposit public funds into their own accounts for their own use or conduct illegal activities will constitute the crime of misappropriation of public funds if the amount is larger. Personnel engaged in official duties in state-owned companies, enterprises or other state-owned units, and personnel assigned by state-owned companies, enterprises or other state-owned units to non-state-owned companies, enterprises or other units to engage in official duties, who engage in misappropriation shall be convicted and punished in accordance with relevant laws and regulations.

"Criminal Law of the People's Republic of China"

Article 185

The crime of misappropriation of funds Commercial banks, stock exchanges, and futures trading Any staff member of a stock exchange, securities company, futures brokerage company, insurance company or other financial institution who takes advantage of his or her position to misappropriate the funds of his or her unit or clients shall be convicted and punished in accordance with the provisions of Article 272 of this Law.

The crime of misappropriation of public funds is committed by staff of state-owned commercial banks, stock exchanges, futures exchanges, securities companies, futures brokerage companies, insurance companies or other state-owned financial institutions and state-owned commercial banks, stock exchanges, futures trading If any person appointed by a stock exchange, securities company, futures brokerage company, insurance company or other state-owned financial institution to perform official duties at a non-state-owned institution specified in the preceding paragraph commits the acts specified in the preceding paragraph, he shall be convicted and punished in accordance with the provisions of Article 384 of this Law. .