Summary
[Futures and Derivatives Law passed by vote will come into force on August 1, 2022]The 34th meeting of the Standing Committee of the 13th National People’s Congress voted to pass the “Futures and Derivatives Law of the People’s Republic of China” on the 20th. Experts generally believe that this law complements the legal “shortcomings” in the field of futures and derivatives in my country, and provides a strong legal guarantee for promoting the standardization of industry and market development, protecting the rights and interests of investors, and promoting the futures market to better serve the real economy. . The law will take effect on August 1, 2022.
The 34th meeting of the Standing Committee of the 13th National People’s Congress passed the “Futures and Derivatives Law of the People’s Republic of China” on the 20th. Experts generally believe that this law complements the legal “shortcomings” in the field of futures and derivatives in my country, and provides a strong legal guarantee for promoting the standardization of industry and market development, protecting the rights and interests of investors, and promoting the futures market to better serve the real economy. . The law will take effect on August 1, 2022.
(Article source: Financial Associated Press)