中国提高证券期货违法行为“吹哨人”奖励标准

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has revised the "Whistleblower Reward Regulations" to enhance the whistleblower system, aiming to promote a culture of accountability and better align with the requirements of high-quality capital market development and regulatory enforcement [1][2]. Group 1: Reward Standards - The reward standards have been significantly increased, with the reward percentage raised from 1% to 3% of the penalties collected from cases [1]. - The maximum reward for providing major illegal activity leads has been increased from 100,000 RMB to 500,000 RMB [1]. - For cases with nationwide significant impact or involving particularly large amounts, the maximum reward has been unified and increased from 300,000 RMB and 600,000 RMB to 1,000,000 RMB [1]. Group 2: Reward Conditions - Major cases that severely disrupt the securities and futures market order, endanger financial security, or infringe on investors' legal rights are now included in the reward scope [2]. - The threshold for rewarding cases has been raised from penalties of 100,000 RMB to 1,000,000 RMB [2]. - Anonymous whistleblowers who provide relevant materials and those who play a minor or assisting role in the illegal activities may also qualify for rewards [2]. Group 3: Protection Mechanisms - The regulations implement anonymous management of whistleblower identity information, requiring registration for any contact that necessitates the use of this information [2]. - Any form of retaliation against whistleblowers, including violence, coercion, defamation, or privacy breaches, is strictly prohibited [2]. - Employers are not allowed to terminate or alter employment contracts to obstruct or interfere with internal informants providing illegal activity leads [2].