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证监会大力鼓励“吹哨人”!奖金上限100万
财联社·2025-09-30 15:14

Core Viewpoint - The article discusses the systematic upgrade of the whistleblower system in China's securities and futures market, emphasizing the increased rewards and expanded scope for whistleblowers to enhance market integrity and investor protection [1][2]. Summary by Sections Reward Mechanism - The reward amount has been uniformly increased to 1 million yuan, with the reward percentage raised from 1% to 3% of the penalty amount [3][8]. - The upper limit for rewards for significant violations has been increased from 100,000 yuan to 500,000 yuan, and for cases with nationwide impact or involving internal informants, the cap has been raised to 1 million yuan [3][9]. Scope of Whistleblowers - For the first time, individuals who play a secondary role in violations are included in the reward scope [4]. - Anonymous whistleblowers can now receive rewards after submitting supplementary materials, addressing previous challenges in claiming rewards [5][9]. Regulatory Improvements - The new regulations aim to strengthen accountability for those handling whistleblower reports, with penalties for negligence or misconduct [7]. - The threshold for cases eligible for rewards has been raised from 100,000 yuan to 1 million yuan, enhancing the incentive for internal reporting [8][9]. Impact on Market Integrity - The adjustments are expected to activate internal supervision, significantly reducing the concealment of financial fraud and market manipulation [9]. - The cultivation of a whistleblower culture is anticipated to improve internal governance in listed companies, providing institutional support for the high-quality development of the capital market [9].