National Development and Reform Commission issues Measures for the Administration of Outbound Investment, clarifying penalties for prohibited investments
BIBIBI
AT A GLANCE
The National Development and Reform Commission stated that investments in outbound investments prohibited by the state will be ordered to cease, and those who refuse to comply will also face fines.
Article
[National Development and Reform Commission: Investors making outbound investments prohibited by the state will be ordered to cease]
The National Development and Reform Commission has issued Measures for the Administration of Outbound Investment. The Measures propose that where an investor makes an outbound investment prohibited by the state, the National Development and Reform Commission shall order the cessation of the investment activity, require the disposal of shares and assets within a specified time limit, and confiscate illegal gains; where the investor refuses to comply, a fine shall be imposed based on the amount of the Chinese party's investment 5%or more 10%or less; directly responsible executives and other directly responsible personnel shall be fined 50000 yuan or more 100000 yuan or less; where a crime is constituted, criminal liability shall be pursued in accordance with the law.
Key points
01
The National Development and Reform Commission has issued Measures for the Administration of Outbound Investment.
02
The Measures propose that where an investor makes an outbound investment prohibited by the state, the National Development and Reform Commission shall order the cessation of the investment activity, require the disposal of shares and assets within a specified time limit, and confiscate illegal gains.
03
Where the investor refuses to comply, a fine shall be imposed based on the amount of the Chinese party's investment 5%or more 10%or less.
04
Directly responsible executives and other directly responsible personnel shall be fined 50000 yuan or more 100000 yuan or less.
05
Where a crime is constituted, criminal liability shall be pursued in accordance with the law.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that if investors undertake outbound investments prohibited by the state, they may not only be required to cease immediately, but may also be required to dispose of the relevant shares and assets within a specified time limit, while illegal gains will be confiscated. If they refuse to comply, investors and relevant responsible personnel may be fined; where a crime is constituted, criminal liability will also be pursued.
Why it matters to readers
The Measures clarify the handling methods and penalty ranges for outbound investments prohibited by the state, directly affecting the compliance costs and legal liabilities of relevant investment activities.
Beginners should first determine whether an investment project falls within the scope of outbound investments prohibited by the state, and review the full text of the Measures and specific applicable rules; the materials do not list the prohibited scope.
Risks and unknowns
The evidence does not provide the full text of the Measures, its issuance date, or its effective date.
The evidence does not specify the scope of outbound investments prohibited by the state.
The evidence link is a secondary reporting channel and does not include a link to the National Development and Reform Commission's official original text.
The evidence does not confirm which companies or investment projects will be affected.
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Related concepts
Outbound investment
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