Caixin
Feb 24, 2023 05:48 AM
FINANCE

Top Graft Buster Pledges to Ramp Up Financial Sector Corruption Fight

What’s new: The Communist Party’s top anti-graft watchdog Thursday vowed to “resolutely” fight against corruption in the financial sector, signaling a continued crackdown on financial misconduct.

In an article (link in Chinese) on its website, the Central Commission for Discipline Inspection (CCDI) pledged to strengthen efforts to combat industrywide and systematic corruption, focusing on areas where power, funds and resources are highly concentrated, such as finance, state-owned enterprises and the grain trade.

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