Core Viewpoint - The implementation of the "Whistleblower" reward regulations by the China Securities Regulatory Commission (CSRC) and the Ministry of Finance is expected to effectively encourage whistleblowers to provide leads on suspected illegal activities in the securities and futures markets [1] Group 1: Key Changes in Regulations - The threshold for rewarding whistleblowers has been raised from 100,000 yuan to 1 million yuan, focusing on serious cases that harm market order and investor rights, thus ensuring precise allocation of reward resources [1] - The reward percentage has increased from 1% to 3% of the confiscated amount, with the maximum reward raised to 1 million yuan, effectively balancing the costs and benefits for whistleblowers [1][2] Group 2: Funding and Compensation Mechanism - Reward funds will be included in the CSRC's departmental budget, ensuring stable funding sources for rewards, separate from confiscated fines which go to the national treasury [2] - A system has been established where victims can apply to the CSRC for confiscated fines to be used for civil compensation, ensuring that both whistleblower rewards and investor compensation can be effectively managed [2] Group 3: Implementation and Protection Measures - The regulations emphasize the need for strong protection of whistleblower identities, with anonymous management of their information and strict accountability for any breaches [2][3] - A tiered evaluation mechanism for the value of leads will be established to ensure that rewards are proportional to the contribution of the information provided, thus motivating various types of whistleblowers [3] Group 4: Process Optimization and Awareness - The process for handling leads and issuing rewards will be optimized, with clear timelines for notifying whistleblowers about the status of their submissions and simplifying the reward confirmation process [3][4] - There will be efforts to enhance awareness of the whistleblower system through various channels, including the CSRC's website and industry associations, to encourage more individuals to participate in reporting [4]
【头条评论】 让“吹哨人”制度发挥更大监督效能
Zheng Quan Shi Bao·2026-01-13 01:00