{"id":176453,"date":"2024-01-14T23:46:01","date_gmt":"2024-01-14T15:46:01","guid":{"rendered":"https:\/\/www.chinapulse.com\/?p=531162"},"modified":"2024-01-14T23:46:01","modified_gmt":"2024-01-14T15:46:01","slug":"china-regulator-vows-regulation-with-teeth-and-thorns-to-defuse-financial-risk","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2024\/01\/14\/china-regulator-vows-regulation-with-teeth-and-thorns-to-defuse-financial-risk\/","title":{"rendered":"China regulator vows regulation \u2018with teeth and thorns\u2019 to defuse financial risk"},"content":{"rendered":"<p>China\u2019s financial regulator plans to increase punishment for financial crimes and speed up the time it takes to prosecute them using regulation it calls \u201cwith teeth and thorns.\u201d<\/p>\n<p>The National Financial Regulatory Administration (NFRA), established last year to oversee China\u2019s $57 trillion financial sector, said on Sunday in a statement on its official WeChat account that the approach would involve zero-tolerance for all illegal behaviour and a willingness to \u201cpunish the higher-ups, not just the subordinates.\u201d&#8230;<\/p>\n<p><strong>This data comes from the <a href=\"https:\/\/www.chinapulse.com\/\" title=\"ChinaPulse.com provides Media Intelligence and Media Monitoring for China News\" >ChinaPulse.com media intelligence and smart news insights monitoring platform<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s financial regulator plans to increase punishment for financial crimes and speed up the time it takes to prosecute them using regulation it calls \u201cwith teeth and thorns.\u201d<br \/>\nThe National Financial Regulatory Administration (NFRA), established last &#8230;<\/p>\n","protected":false},"author":250,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,213,1527,586,671,137,194,472,465,55,445],"tags":[3472,10324,8064,2972,4886],"class_list":["post-176453","post","type-post","status-publish","format-standard","hentry","category-china","category-china-news","category-currency","category-economy","category-finance","category-fraud","category-news-chinese-law","category-renminbi","category-social-media","category-tencent","category-xinhua","tag-chinese","tag-covid-19","tag-wechat","tag-xi-jinping","tag-yuan"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/176453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=176453"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/176453\/revisions"}],"predecessor-version":[{"id":176454,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/176453\/revisions\/176454"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=176453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=176453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=176453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}