Financial corruption crisis struck: Re-run supervisory staff and other illegal stop thief

CIRC requirements of the Party organizations at all levels CIRC system and the majority of party members, cadres and resolutely obey the Party Central Committee decided to support resolutely the ideas and actions to the central spirit and promote the CIRC system clean government and fighting corruption, to maintain the insurance market stable and healthy development。  Financial corruption carried out when。  April 9, two bursts of Central Commission for Discipline Inspection Department website announcement, first party secretary of China Insurance Regulatory Commission Chairman Xiang Junbo alleged serious violation, the organization is currently under review; after approval of the Party is by the Bank of China, Export-Import Bank of China Beijing Branch former party secretary, governor Li Changjun alleged serious violation, the organization is currently under review。  The two heavy news quickly provoking market-sensitive nerves, led to a public attention on the financial industry。In less than three hours after the Central Commission for Discipline Inspection Department website released the news, the Chinese Government Network issued March 21 Premier Li Keqiang speech at the Fifth Conference on Clean State Council on which stressed the need to guard against financial risks and corruption。The financial sector to resolutely investigate and deal with corruption, punished。Crack down on illegal bank credit, stock market insider trading and transfer of benefits, insurance companies taking fees and other illegal activities, illegal behavior of individual regulators and corporate executives embezzlement, collusion with the financial predators, etc., must be severely punished according to law, order watch and follow suit。  At present, the specific reasons for accepting Xiang Junbo organizational review pending further authorities released。  CIRC: obey firmly supported the CPC Central Committee decided to accept the news about Xiang Junbo organizational review already heard, but then several public appearances, public opinion is temporarily dispel doubts。  Rumors leaked a few days later, Vice Chairman Xiang Junbo rate of three to participate in a regular State Council Information Office press conference, which is its first public appearance after rumors; and during two of the country this year, Xiang Junbo also appeared in public, and in an interview with the Minister of channels; April 6, the CIRC and the China Seismological Bureau held a strategic cooperation agreement signing ceremony, Xiang Junbo speech and inaugurated the China earthquake risk and Insurance laboratory at the signing ceremony, which was his last public appearance。  Xiang Junbo sacked news came out, the CIRC's movement has become the focus of public attention。April 9 to 10, China Insurance Regulatory Commission has held a party committee meeting, as well as by the China Insurance Regulatory Commission departments organs, the Insurance Regulatory Commission, will control the unit primarily responsible for the participation of the party committee enlarged meeting of the CPC Central Committee informed of alleged serious violation were Xiang Junbo decided to organize the review。CIRC requirements of the Party organizations at all levels CIRC system and the majority of party members, cadres and resolutely obey the Party Central Committee decided to support resolutely the ideas and actions to the central spirit and promote the CIRC system clean government and fighting corruption, to maintain the insurance market stable and healthy development。  For reasons Xiang Junbo under review, opinions。Xiang Junbo open curriculum vitae, which had long worked in the audit system in 2004, transferred to vice president of People's Bank of China, Agricultural Bank in 2007 took over as president in 2011 was transferred to the CIRC Chairman。  During Xiang Junbo charge of the Agricultural Bank, former Vice President Yang Kun, but had bribery case trial; secretary during its helm Agricultural Bank, Office of the Director, after serving general manager of the New York branch of the Agricultural Bank of China Yu Ming, the bank and the related report due by the pull-out violations, and he was expelled from the party and public office。  In recent years, the insurance industry due to the rapid deregulation to achieve development and growth, but the problem also come one after another。Universal insurance, insurance funds and other issues concerning placards listed companies since mid-2015, "Wan Bao dispute" caused by the insurance industry stand on the cusp。  In addition, another protagonist Central Commission for Discipline Inspection Department website announcement of Li Changjun, is to turn themselves in to the relevant bodies, saying that during the Shenzhen branch office, there is private open letters of credit, guarantees and other behavior on business。  Financial corruption and punished Li Keqiang speech at the Fifth Conference on Clean State Council on the show, since the current government was established, the State Council departments, local governments at all levels to conscientiously implement the Party Central Committee Xi Jinping on the overall strict rule Party demands, according to building a clean government and fighting corruption the overall deployment, in close connection with the actual government work, adhere to the source of governance, highlighting the limited right to manage money, pay close attention to supervision and accountability, strict is the wind Su Ji, anti-corruption work continuously achieved important new developments。  Li pointed out that the government system clean government and fighting corruption are still some outstanding issues。Currently, there is a cumulative risk of bad assets, bond defaults, shadow banking, Internet banking and other financial sector, financial irregularities have occurred and illegal acts of corruption。Financial risks to be highly vigilant, strictly guard against and resolutely hold the bottom line systemic financial risk does not occur。The financial sector to resolutely investigate and deal with corruption, punished。  Therefore, to grasp the overall financial risk prevention and anti-corruption work, and actively and steadily push forward reform of financial regulation, rationalize the functional relationships, and improve coordination mechanism, enhance the monitoring force。To strengthen internal control of financial institutions to keep the pressure up supervision, and resolutely governance of financial market chaos。Crack down on illegal bank credit, stock market insider trading and transfer of benefits, insurance companies taking fees and other illegal activities, illegal behavior of individual regulators and corporate executives embezzlement, collusion with the financial predators, etc., must be severely punished according to law, order watch and follow suit。To increase accountability, strengthen institutional accountability, accountability, supervision and accountability of regulators, firmly safeguard the financial order and promote the safe operation of the financial sector。(Original title: the financial crisis struck corruption: punish regulators embezzlement, collusion with internal and external financial predators) (Editor: DF319)