Clamping down on insider trading

November 13, 2012 | BY

clpstaff &clp articles

An Interpretation from the CSRC uses for the first time a doctrine of guilty before innocent for insider trading cases. But with few cases before the courts, it is not clear how effective the Interpretation will be

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In 1997, thePRC Criminal Law (中华人民共和国刑法) introduced insider trading as on offence. However, due to the complexity of this offence, which requires special expertise and the lack of detailed