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Shanghai Stock Exchange,Shanghai Securities Regulatory Bureau Stress Crackdown On Insider Dealing

Date 20/10/2010

The Shanghai Stock Exchange (SSE) and the Shanghai Securities Regulatory Bureau (SSRB) have recently held a special training on supervision over insider dealing to further the understanding of supervision law enforcement officers in the front line on issues related to insider dealing,strengthen the communication between the grassroots regulatory organs and the enforcement departments of the China Securities Regulatory Commission (CSRC),and improve the capability to discover and deal with the clues to insider dealing.

Experts from the CSRC Enforcement Bureau,General Force of Enforcement and Administrative Sanction Committee were invited to the training session to give detailed introduction to the status quo of domestic cases and behavior characteristics of insider dealing and lecture on the methods, difficulties, recognition standards,experience and other practical skills related to the discovery and investigation of clues to insider dealing cases by studying some typical insider dealing cases on the recent market.

In response to the fact that insider dealing has become one of the major obstacles to the healthy development of capital market,the SSE has added the contents concerning prevention and control of insider dealing to its recent trainings. In the days to come,the SSE will consistently intensify the exchange of regulatory law enforcement skills in discovering and investigating clues to insider dealing while fulfilling its function of self-regulation to form the cohesive supervision and law enforcement forces in cracking down on insider dealing. The SSRB has also given its priority to crackdown on insider dealing by perfecting the discovery and disposal mechanism for insider dealing cases and strengthening the publicity,training and education towards senior management and practitioners of listed companies through various ways and means.