证监会再打欺诈发债“帮凶” 亚太会计所被罚没1075万元

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has imposed administrative penalties on the auditing firm involved in the bond fraud case of Luowa Group, totaling 10.75 million yuan, highlighting the enforcement of accountability in the bond market [1][2]. Group 1: Penalties and Findings - The CSRC found that the auditing firm, Asia-Pacific CPA, failed to perform due diligence in auditing Luowa Group's financial reports from 2012 to 2016, leading to the issuance of false audit reports [2]. - The penalties against Asia-Pacific CPA include the confiscation of audit income amounting to 2,150,943.34 yuan and a fine of 8,603,773.36 yuan, totaling 10.75 million yuan [2]. - The CSRC previously fined Luowa Group 36.6 million yuan in April 2023 for fraudulent bond issuance and information disclosure violations [3]. Group 2: Broader Implications - The enforcement actions against Luowa Group and its intermediaries reflect a broader trend of the CSRC maintaining a high-pressure deterrent against bond fraud, emphasizing both "punishing the principal offender" and "targeting accomplices" [4][5]. - Experts indicate that bond fraud poses a significant risk to financial market stability, potentially leading to systemic risks [4]. - The CSRC's approach aims to ensure that intermediary institutions, such as accounting firms, fulfill their responsibilities as gatekeepers in the capital market, thereby improving the quality of information disclosure [5]. Group 3: Historical Context and Future Outlook - Since the first penalty for bond fraud in 2018, the CSRC has consistently pursued accountability for both issuers and intermediaries, establishing a comprehensive accountability system combining administrative, civil, and criminal measures [6]. - The CSRC's strict stance against bond fraud is intended to maintain the integrity of the capital market and prevent systemic financial risks [6][7]. - Recent cases, including significant penalties against major firms like Evergrande and its auditors, underscore the CSRC's commitment to deterring fraudulent activities in the bond market [7].