Of course it works. Before the revision, the foreign exchange market was regulated according to this document. In order to punish the criminal acts of fraudulent purchase of foreign exchange, evasion of foreign exchange and illegal trading of foreign exchange, and maintain the order of state foreign exchange management, the following supplementary amendments are made to the Criminal Law:

1. In any of the following circumstances, whoever fraudulently purchases foreign exchange in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 5% but not more than 30% of the amount of foreign exchange fraudulently purchased; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than five percent but not more than thirty percent of the amount of foreign exchange fraudulently purchased; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 5% but not more than 30% of the amount of foreign exchange fraudulently purchased or his property confiscated.