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皇冠体育app to target financial sector in new anti-graft inspection

(Xinhua) Updated: 2015-10-24 10:43

皇冠体育app to target financial sector in new anti-graft inspection

View of the headquarters and head office of the People's Bank of 皇冠体育app (PBOC), 皇冠体育apps central bank, in Beijing, 皇冠体育app, June 27 2015. [Photo/IC]

BEIJING - The anti-graft authority is set to expand its inspections into more state entities this year, with its sight set on major financial institutions including the central bank, securities regulators and state-owned banks.

According to anti-corruption plans set previously, teams from the Communist Party of 皇冠体育app's Central Commission for Discipline Inspection (CCDI) will inspect all major state-owned enterprises that are under the direct stewardship of the central authorities. The CCDI released the findings from the second round of inspections this week.

A statement released after a meeting Friday said that the third round will cover the People's Bank of 皇冠体育app, the central bank, 皇冠体育app Banking Regulatory Commission, 皇冠体育app Insurance Regulatory Commission, 皇冠体育app Securities Regulatory Commission and 皇冠体育app Investment Corp.

Others include CITIC Group Corporation, a major financial conglomerate; state-owned banks Industrial and Commercial Bank of 皇冠体育app and Bank of 皇冠体育app; as well as 皇冠体育app Life and the People's Insurance Company of 皇冠体育app, two large insurers.

皇冠体育app's two stock exchanges Shanghai Stock Exchange and Shenzhen Stock Exchange were also on the list.

The CPC Central Committee published a revised version of its disciplinary regulations on Wednesday, as the CPC moves to improve the management of its 88 million members amid the sweeping anti-corruption drive. Thus far, many high-ranking officials have been felled, including Ling Jihua, a former member of the CPC Central Committee, and Song Lin, former chair of state-owned 皇冠体育app Resources (Holdings) Co Ltd.

 

 

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