A ceremony marking the launch of the Lujiazui Financial Prosecution Comprehensive Service Base was held in Shanghai on Oct 25. An agreement on administrative and judicial collaboration in the financial field was signed during the ceremony.
Ge Xiaoyan, a member of the Party Leadership Group and Deputy Prosecutor General of the Supreme People's Procuratorate (SPP), delivered a speech at the ceremony.
Ge pointed out that procuratorial organs will, centering around serving and promoting the construction of Shanghai as an international financial center, further coordinate financial development and security.
Noting that risk prevention and control is the primary responsibility of financial prosecution work, she emphasized the importance of strengthening work in foreign-related prosecution and active participation in international financial governance.
Ge underlined the need to advance innovation of the financial procuratorial mechanism, and focus on procuratorial functions to strictly punish various financial crimes in accordance with the law.
She called for exploring and improving the comprehensive and integrated prosecution, and better leveraging the synergy of the "Four Major Procuratorial Functions".
While enhancing the training of professional prosecutors, she said efforts should be made to strengthen research on pioneering issues in financial prosecution.
Ge also underscored the need to continuously improve collaboration mechanisms with financial regulatory authorities, public security organs, courts, and other agencies to fully utilize the advantages of administrative and judicial expertise to consolidate efforts in regulation formulating, information sharing, case coordination, risk management, and other aspects, and jointly serve the high-quality development of the financial sector.
Zhu Zhisong, a member of the Standing Committee of the CPC Shanghai Municipal Committee and Secretary of the CPC Pudong New Area Committee, and Chen Yong, Secretary of the Party Leadership Group and Chief Prosecutor of the People's Procuratorate of Shanghai Municipality, attended the ceremony.
Relevant officials from the SPP, the Shanghai Head Office of the People's Bank of China, and the Office of the Financial Committee of the CPC Shanghai Municipal Committee also made speeches at the ceremony.
