Core Viewpoint - The article emphasizes the importance of combining legal and moral governance to promote high-quality financial development and build a strong financial nation in China, highlighting the need for a robust financial culture to prevent financial crimes and enhance international competitiveness [1][9]. Group 1: Financial Crime Statistics - From January 1, 2022, to June 30, 2025, approximately 207 financial crime cases involving securities and fund practitioners have been adjudicated or investigated, with business-related crimes significantly outnumbering integrity-related crimes [2][3]. - Business-related crimes accounted for 181 cases (87%), with the most common being illegal public deposit absorption (167 cases), while integrity-related crimes totaled 26 cases [2]. - Private fund managers were the most implicated, with 186 cases, followed by securities companies with 17 cases [2]. Group 2: Crime Trends - Overall crime rates have significantly decreased from 116 cases in 2022 to 10 cases in the first half of 2025, primarily due to a decline in business-related crimes [3]. - However, integrity-related crimes have shown an upward trend, with potential increases expected in 2024 and 2025 due to intensified anti-corruption efforts [3]. Group 3: Characteristics of Financial Crimes - The 207 cases involved 372 individual defendants and 2 corporate defendants, with a significant number of cases involving large amounts of money, often exceeding legal thresholds for prosecution [4][6]. - A notable 98.4% of cases had amounts exceeding 1 million yuan, with the highest case involving 6.7 billion yuan for illegal public deposit absorption [7]. - "Wang cases" and collusion between internal and external parties were prevalent, with 70.05% of cases involving multiple defendants [7][8]. Group 4: Educational and Professional Background of Defendants - Among the 372 individual defendants, the majority had vocational or undergraduate degrees, while integrity-related crimes were predominantly committed by individuals with higher education [5]. - In business-related crimes, general employees constituted the largest group, while high-ranking officials were more common in integrity-related crimes [5]. Group 5: Cultural Causes of Financial Crimes - The article identifies the distortion of industry values and the lack of professional ethics as significant cultural factors contributing to financial crimes [9]. - The prevalence of "hidden rules" and misinterpretation of informal practices have led to frequent violations of laws and regulations [9]. Group 6: Recommendations for Cultural Improvement - A comprehensive approach to industry culture building is recommended, covering all levels of the securities and fund industry, including small and medium-sized private fund managers [10][11]. - Strengthening legal awareness and establishing a robust ethical framework are crucial for enhancing compliance and reducing financial crime risks [11][12]. - Tailored cultural construction plans for different types of enterprises and key positions are essential to mitigate risks associated with financial crimes [12].
积极培育中国特色金融文化 从源头预防证券基金领域犯罪
Zhong Guo Zheng Quan Bao·2025-09-17 00:15