September 5, 2022
BEIJING – China’s top legislature took a major step against telecom and online fraud on Friday by adopting widely anticipated legislation that will significantly crack down on these crimes, which have long disturbed the public and led to people’s financial losses after receiving spam messages and crank calls.
The law on telecom and online fraud, which has 50 articles, was passed after being reviewed three times by the Standing Committee of the National People’s Congress, China’s top legislative body, aiming to offer strong protection of people’s legitimate rights and harshly punish scammers.
The law will also build a joint force by improving the governance of telecommunication, finance and internet sectors to make the fight against fraud more effective, according to Wang Aili, an official from the NPC Standing Committee’s Legislative Affairs Commission.
“Enterprises in these sectors, as well as banks and payment institutions, should shoulder responsibilities of preventing fraud risks, optimizing their internal security systems and implementing real-name registration of their users, because swindlers must be deterred from the beginning,” he said.
Under the new law, companies in the sectors are required, for example, to remind clients and consumers to be on alert for new types of fraud.
The law, which will take effect on Dec 1, stipulates that anti-fraud knowledge and tips should be increasingly…
