“吹哨人”新规落地！提高奖励标准

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has announced new regulations to enhance the whistleblower reward system, aiming to improve the reporting mechanism and adapt to the requirements of high-quality development in the capital market and regulatory enforcement [1][6]. Summary by Relevant Sections Reward Conditions and Amounts - The threshold for cases eligible for rewards has been raised from 100,000 yuan to 1,000,000 yuan in penalties [2][3]. - The reward percentage has increased from 1% to 3% of the penalty amount [3]. - The maximum reward for providing significant illegal activity leads has been increased from 100,000 yuan to 500,000 yuan [2][3]. - For cases with nationwide significant impact or involving particularly large amounts, the maximum reward has been unified to 1,000,000 yuan [2][3]. Whistleblower Protection and Reporting Mechanism - The new regulations emphasize the protection of whistleblowers' rights and confidentiality, ensuring that their identities are managed anonymously [4][5]. - Whistleblowers who withdraw their leads or obstruct investigations will not be eligible for rewards [2][3]. - A dedicated mechanism has been established for processing leads, with clear responsibilities and channels for reporting [4][5]. Accountability and Enforcement - There is a strengthened accountability mechanism for those handling leads, with penalties for negligence or misconduct [5]. - The CSRC will implement a structured approach to reward distribution based on the number of cases and available budget [4][5]. - The regulations include provisions to prevent retaliation against whistleblowers by companies or individuals [4][5]. Feedback and Implementation - The CSRC has solicited public opinions on the whistleblower reward regulations, receiving 178 suggestions, most of which were positively evaluated and considered for incorporation [7].