TREE NEWS update: The China Securities Regulatory Commission will study adding a revision of the Securities Law to the legislative agenda of the next National People’s Congress, CSRC chief lawyer Cheng Hehong said on October 20 at the 2026 Financial Street Forum. The law was last amended in 2019, and capital markets have since undergone profound changes, he said. The CSRC has also submitted a legislative proposal to revise the Securities Investment Fund Law.
China Securities Regulator Moves to Add Securities Law Revision to Next NPC Legislative Plan
AI take
The signal here is legislative intent rather than enacted change: a revision would follow a 2019 amendment the CSRC itself frames as outpaced by market developments, and the parallel fund-law proposal suggests a broader reworking of the capital-markets rulebook rather than an isolated fix. This matters most to onshore intermediaries and fund managers whose compliance frameworks are built on the current statutes. Whether the revision actually enters the next NPC legislative plan — and what it targets, given the CSRC has not specified scope — is the open question worth tracking.
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