China's Supreme Court to Strengthen Judicial Response to New Types of Financial Cases such as Virtual Currency

**Feb. 25: China’s Supreme People’s Court (SPC) Press Conference Highlights** On February 25, the SPC held a press conference focused on *“Civil and Commercial Trials: Judicial Services Supporting High-Quality Economic and Social Development.”* Key plans for the new year include: 1. Issuing judicial interpretations on civil compensation for securities market insider trading and market manipulation; 2. Conducting in-depth research on judicial responses to new financial cases (e.g., private equity funds, virtual currencies); 3. Strengthening the financial judicial protection system. Additional priorities: - Continuing research and guidance to optimize private firms’ governance structures; - Further solidifying equal legal protection for the legitimate rights of private enterprises and entrepreneurs; - Accelerating the release of judicial interpretations supporting the new Company Law; - Enhancing judicial research on disputes involving various market entities and providing trial guidance. The SPC will also push to establish bankruptcy courts, refine the bankruptcy trial mechanism, and lay judicial groundwork for revising the Bankruptcy Law.