There were remarkable achievements in the rule of law for China’s financial stability in 2022. For legislation,Law on Financial Stability(Draft for comments)was released,making great progress in comprehensive legislation for financial stability;Law on Futures and Derivatives was issued,maintaining the stability of the market of futures and derivatives,with the law to follow;the legislative work of relevant laws,such as Law on the People’s Bank of China,has been steadily advancing. For law enforcement,its strength has been continuously increased,and it has been steadily promoted in resolving the risks of the financial institutions according to the law,disposing of high-risk enterprises according to the law,resolving the financial risk of real estate according to the law and combating illegal financial activities according to the law. For judicial administration,the judicial institution for financial stability has been further improved,the judicial cases related to financial stability have been effectively handled,and the judicial transparency on financial stability has been continuously enhanced. Looking forward to the future,the speed of legislation for financial stability will be further accelerated,and the legal system of the financial stability will be more robust;the law enforcement of financial stability will be further strengthened,and the efficiency of financial stability law enforcement will be improved;the judicial institutions of financial stability will be made more robust,and the judicial administration of financial stability will be more transparent.
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