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Exploration of Issues Related to Confiscation of Illegal Gains in Foreign Exchange Administrative Penalties

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DOI: 10.23977/law.2024.030125 | Downloads: 6 | Views: 135

Author(s)

Yuqing Wang 1

Affiliation(s)

1 Dalian Ocean University, Dalian, Liaoning, 116023, China

Corresponding Author

Yuqing Wang

ABSTRACT

The determination and disposal of confiscated illegal gains have always been controversial in the field of administrative punishment. The new Administrative Punishment Law continues to regard the confiscation of illegal gains as a type of administrative punishment, affirming its connotation of recovering unjust enrichment, punishment and education for the violating parties. The provision that illegal gains shall be confiscated in addition to restitution in accordance with the law puts forward new requirements for administrative penalties in foreign exchange management, which is worth exploring and pondering.

KEYWORDS

Foreign exchange; administrative penalties; illegal gains

CITE THIS PAPER

Yuqing Wang, Exploration of Issues Related to Confiscation of Illegal Gains in Foreign Exchange Administrative Penalties. Science of Law Journal (2024) Vol. 3: 159-165. DOI: http://dx.doi.org/DOI: 10.23977/law.2024.030125.

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