The Supreme People's Procuratorate: Intensify anti-money laundering efforts, with a focus on punishing crimes such as money laundering through underground banks and virtual currencies.

PANews reported on January 19th that, according to Xinhua News Agency, at the National Procurators' Conference held in Beijing on January 19th, the Supreme People's Procuratorate made arrangements for fully utilizing the power of the rule of law to serve high-quality development. The Supreme People's Procuratorate required procuratorial organs to safeguard economic and financial security according to law, severely punish serious economic crimes, and promote the creation of a rule-of-law business environment. The Supreme People's Procuratorate also required the severe punishment of crimes such as smuggling and exporting strategic minerals to safeguard national strategic interests; to work with the State Financial Regulatory Commission and other departments to govern the chaos of illegal intermediaries in the financial sector according to law, severely punish crimes such as illegal fundraising and financial fraud, crack down on the entire chain of financial "black and gray industries," ensure the sound operation of the financial system, and protect the property safety of the people; and to intensify anti-money laundering efforts, focusing on punishing crimes such as money laundering through underground banks and virtual currencies. The Supreme People's Procuratorate proposed to work with the China Securities Regulatory Commission to deepen the rule of law in the capital market, improve the securities procuratorial resident work mechanism, and severely punish securities crimes such as financial fraud and market manipulation to safeguard the security of the capital market.