证监会、财政部征求意见:较大幅度提高吹哨人奖励标准
Feng Huang Wang·2025-09-30 13:21

Core Viewpoint - The China Securities Regulatory Commission (CSRC) and the Ministry of Finance have revised the whistleblower reward regulations to enhance the reporting system for securities and futures violations, aiming to promote a culture of accountability and better align with the high-quality development of the capital market [1][2]. Group 1: Revision Background - The whistleblower reward system was initially established in June 2014 and revised in January 2020, reflecting the central government's increasing emphasis on improving the reporting system for capital market violations [2][3]. Group 2: Revision Content - The name of the regulation has been changed to emphasize the whistleblower's role and align with international practices [3]. - The criteria for rewarding whistleblowers have been expanded, with the minimum penalty amount for reward eligibility increased from 100,000 yuan to 1 million yuan [4]. - The reward percentage has been raised from 1% to 3% of the penalty amount, with maximum rewards for significant cases increased from 100,000 yuan to 500,000 yuan [5]. Group 3: Processing and Protection Mechanisms - The CSRC has established strict confidentiality and protection measures for whistleblowers, ensuring their identities are kept anonymous and preventing retaliation from companies [9]. - A supervisory accountability mechanism has been introduced to hold responsible parties accountable for mishandling whistleblower reports [10].