FINANCE

Beijing Moves to Close Loopholes in Illegal Gains Calculations

Published: Apr. 17, 2026 10:30 p.m. GMT+8

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A man looks at a screen displaying stock market data. Photo: VCG

China’s top securities regulator has proposed unified rules for calculating illegal gains from capital-market violations, stipulating that perpetrators cannot offset profits with losses from separate offenses.

The China Securities Regulatory Commission on Friday published draft rules to standardize calculations for both trading and non-trading violations.

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CSRC proposed draft rules standardizing illegal gains calculation for trading (e.g., insider trading, manipulation) and non-trading violations.
Prohibits offsetting profits with losses from separate offenses; includes profits, avoided losses minus costs/taxes.
Joint offenses use group total; public feedback until May 17.

AI generated, for reference only