The Supreme Court will strengthen the judicial response to new types of financial cases such as virtual currencies and improve the financial judicial protection system.

Odaily Planet Daily reports that the Supreme People’s Court stated at a press conference that in the new year, it will formulate judicial interpretations on civil compensation for insider trading and market manipulation in the securities market, and conduct in-depth research on judicial responses to new financial cases such as private equity funds and virtual currencies. It will also improve the financial judicial protection system. At the same time, the Supreme People’s Court will continue to carry out research and guidance on improving the governance structure of private enterprises, effectively protect the lawful rights and interests of private enterprises and entrepreneurs through legal equality, accelerate the issuance of supporting judicial interpretations for the new Company Law, and continue to promote the establishment of bankruptcy courts.

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