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China’s securities regulator increases rewards for reporting violations

China ministry of finance building in Beijing
China’s ministry of finance building in Beijing. Photo: Charle He/Getty Images

The cash reward for whistleblowers will depend on how serious the violation is. At the same time, self-reporting is being encouraged by imposing lighter penalties.

China’s Ministry of Finance and the country’s Securities Regulatory Commission (CSRC) have unveiled a new plan to encourage individuals to report violations in the securities and futures markets by tripling the cash reward for whistleblowing.

Depending on the nature and the seriousness of the violation, whistleblowers could be rewarded with