China graft watchdog raps financial regulators


  • World
  • Friday, 05 Feb 2016

BEIJING (Reuters) - China's main ruling Communist Party anti-graft watchdog has criticised four financial regulators after its latest inspection, saying they had problems ranging from using public funds for holidays to lack of corruption risk controls.

The four - the People's Bank of China (PBOC), State Administration of Foreign Exchange, China Banking Regulatory Commission and China Securities Regulatory Commission - all said they took the issue seriously and vowed to follow party rules on fighting corruption.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Roundup: Kenya increases emergency preparations as floods kill over 50
Burundi to introduce anti-malaria vaccine to combat first killer disease
Honda to build Canada's first comprehensive EV supply chain
Ethiopia expects more Chinese investments in manufacturing sector
US Supreme Court justices in Trump case lean toward some level of immunity
Number of poor in Africa rises to 476 mln amid multiple crises: report
Skilled labor situation in German healthcare system remains tense: report
Feature: China's electric motorcycles win consumers in Iraq
Burkina Faso army executed over 220 villagers in February, HRW says
Yellen says range of options to deal with frozen Russian assets

Others Also Read