The Supreme People's Procuratorate of China has announced plans to intensify anti-money laundering efforts, particularly targeting crimes involving underground banks and virtual currencies. This directive was issued during the National Procurators' Conference in Beijing on January 19th, as reported by Xinhua News Agency. The Procuratorate emphasized the need to leverage legal frameworks to support high-quality development and ensure economic and financial security. In addition to focusing on money laundering, the Procuratorate aims to collaborate with the State Financial Regulatory Commission to address illegal activities in the financial sector, including illegal fundraising and financial fraud. Efforts will also be made to combat financial 'black and gray industries' to maintain the integrity of the financial system and protect public assets. Furthermore, the Procuratorate plans to work with the China Securities Regulatory Commission to enhance legal oversight in the capital market, targeting securities crimes such as financial fraud and market manipulation.