Xin Lang Cai Jing·2026-01-05 01:54Core Viewpoint - The China Interbank Market Dealers Association has identified widespread issues related to internal controls and compliance in certain institutions, which hinder effective regulation and the ability to combat illegal activities [1] Group 1: Compliance Issues - Many institutions have failed to establish and maintain proper internal control systems for the preservation of bond trading records [1] - Compliance and risk management practices are often superficial, leading to ineffective implementation of record-keeping requirements [1] - There are significant lapses in maintaining complete transaction records, which obstruct the ability to reconstruct trading activities accurately [1] Group 2: Regulatory Actions - The Association plans to intensify punitive measures against institutions that exhibit the identified compliance failures [1] - Specific violations that will lead to severe penalties include failure to establish internal control systems, inadequate record-keeping, and inability to provide complete trading records for serious violations [1] - The Association emphasizes the importance of robust internal controls and compliance awareness among market participants to ensure the healthy and orderly development of the market [1]