At present, the revised draft of the Securities Law has been reviewed twice in the National People's Congress Standing Committee (NPCSC), and preparations are being made for the third review; The draft futures law has been deliberated and adopted by the plenary session of NPC Financial and Economic Committee, and the legislative work is progressing in an orderly manner. The CSRC has studied and formed a legislative proposal report on the revision of the Company Law and the Criminal Law, among which the report on the revision of the Criminal Law has been submitted to relevant departments. The Provisional Regulations on the Management of Private Investment Funds has been publicly solicited in accordance with the legislative procedures, and the feedback is being collated to form a draft and submitted to the the State Council executive meeting for deliberation. At the same time, the improvement of the bill on supervision and management of listed companies, the research and drafting of the regulations on the new third board market, and the research and revision of the interim measures for the management of securities and futures investment consulting are also in full swing and orderly.
According to the CSRC, the formulation and revision of these laws and administrative regulations closely focus on the three key tasks of serving the real economy, preventing financial risks and deepening financial reform, aiming at solving the outstanding problems faced by past regulatory practices, consolidating the basic legal system for market innovation and development, and continuously improving the applicability of legal norms.