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Editorial: Anti-Corruption in Finance Goes Hand-in-Hand With Market Development

2019年04月30日 18:08 来源于 财新网
The fundamental purpose of anti-corruption in finance is not to fight against ‘tigers and flies’ but to create institutional guarantees for the healthy development of the financial market
Photo: IC Photo

There are clear signs of anti-corruption efforts in the financial sector. Recently, there have been large-scale personnel changes to discipline inspection teams at major financial institutions and regulatory bodies. In addition, the discipline inspection groups at central financial enterprises are now assigned by the Central Committee for Discipline Inspection (CCDI) rather than being built-in. Anti-corruption in the financial sector is constantly looking for new breakthroughs. At the same time, we should attach great importance to market development. Through fair competition and self-discipline in the market, supplemented by regulatory reform, we can effectively combat corruption in the financial sector.

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