CCDI - Regulation Asia

China Launches Inspections of Financial Regulators, State Banks

Inspection teams will be dispatched to the PBOC, CBIRC, CSRC, stock exchanges, and state-owned banks and asset managers to identify corruption.

October 13, 2021

124

China

Ex-CBIRC Official Took Bribes During Baoshang Takeover – Report

Li Guorong is accused of taking bribes from entrepreneurs while serving as deputy head of a team appointed to take over Baoshang Bank.

September 30, 2021

151

China

Another Top China Development Bank Exec Probed for Corruption

He Xingxiang is the second most senior official at China Development Bank to become the subject of a corruption probe.

September 14, 2021

114

AML / KYC

CCDI Reveals Details of Corruption in China’s Rural Credit System

Two of the most prominent and well-documented corruption cases disclosed by the CCDI were found at rural credit unions in Anhui and Yunnan.

August 19, 2021

104

China

China: Another Ex-Banking Regulator Under Corruption Probe

Cai Esheng served as CBRC vice chairman for eight years. He was in charge of supervising non-bank financial institutions.

August 2, 2021

205

China

Ex-Shanghai Clearing House Chief Expelled from CCP for Corruption

Xu Zhen has been expelled from the CCP for borrowing large sums of money using the SCH’s management services and accepting bribes.

June 30, 2021

150

AML / KYC

China Bank Official Expelled from CCP Amid Corruption Probe

The ex-president of China Development Bank's Chongqing branch has been expelled from the CCP and removed from all public posts amid a corruption probe.

June 25, 2021

197

AML / KYC

Former CBIRC Official Expelled from CCP for Corruption

Liu Wenyi's case is said to be linked to the failure of Bank of Jinzhou as well as a corruption investigation involving a former head of Bank of Huludao.

June 18, 2021