China Securities Regulatory Commission to Accelerate Legislation in Key Areas by 2026, Enhancing Systemic Inclusivity and Competitiveness

On March 27, the China Securities Regulatory Commission (CSRC) released its report on the construction of a law-based government in 2025. In 2026, the CSRC will adhere to the principle of seeking progress while maintaining stability and improving quality and efficiency, focusing on the main tasks of preventing risks, strengthening regulation, and promoting high-quality development. The commission aims to enhance regulatory effectiveness, protect the legitimate rights and interests of investors, and modernize the capital market’s governance system and capacity within the framework of the rule of law. It will research and formulate a plan for the rule of law in the capital market, accelerate legislation and revision of laws in key areas, and improve the inclusivity, adaptability, competitiveness, and attractiveness of the system. The CSRC will fully implement the requirements for strictly cracking down on securities violations according to law, upholding the principle of “teeth and thorns” in regulatory enforcement, and severely combating all types of securities and futures violations and crimes. Efforts will be made to strengthen the protection of small and medium-sized investors in the capital market, promote the implementation of more representative litigation cases and advance payment cases, and effectively enhance investors’ sense of gain. The commission will research and formulate a plan for integrity building, promote the implementation of credit regulation, and continuously and actively foster a market ecosystem that respects the law and upholds good faith. This will help push the high-quality development of the capital market to a new level and contribute to a strong start for the “15th Five-Year Plan.”