The Central Commission for Discipline Inspection and the State Supervision Commission has notified 106 financial cadres in the past three years

Financial anti-corruption storm is getting stronger

  ● Financial corruption and financial risks are intertwined and coexist, which not only affects the functioning of financial functions, but also leads to systemic risks and directly affects national economic security and social stability

  ● Since 2020, the Central Commission for Discipline Inspection and the State Supervision Commission has notified a total of 106 cadres of central first-level financial units for discipline inspection.

By year, there are 15 people in 2020 and 39 people in 2021, and the number is increasing year by year

  ● On the one hand, it is necessary to do a good job in the overall connection of financial anti-corruption and financial risk disposal, and promote the punishment of financial corruption and the prevention and control of financial risks; on the other hand, it is necessary to comprehensively summarize the anti-corruption experience in the financial field and raise these experiences to the institutional level , forming a consensus on anti-corruption in the financial sector

  □ Our reporter Chen Lei

  On September 16, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission announced that three cadres of first-level central financial institutions were conducting discipline inspections: Hou Shaoze, former president of CDB Securities, Zhang Long, former investment and wealth management director of China Construction Bank, and vice president of China Development Bank Management Enterprise (deputy position). level) Ren Kai.

  Anti-corruption work in the financial sector has once again attracted great attention from the society.

  A reporter from the "Rules of Law Daily" recently reviewed the information on the review and investigation column of the website of the Central Commission for Discipline Inspection and the State Supervision Commission and found that since this year, as of September 25, a total of 52 cadres of first-level central financial units have been notified for discipline inspection.

If the time is moved forward to 2020, the number is 106. In terms of year, the number is increasing year by year.

Among the 106 cadres of central financial institutions, there are 28 leading cadres of financial supervision departments and 78 leading cadres of financial institutions.

  Several experts interviewed by reporters believed that since the 18th National Congress of the Communist Party of China, the Party Central Committee has resolutely punished financial corruption. These data show that the anti-corruption storm in the financial sector has achieved tangible results in eliminating the stock of corruption in the financial sector.

  The interviewed experts suggested that, on the one hand, it is necessary to do a good job of coordinating and linking financial anti-corruption and dealing with financial risks, and to promote the punishment of financial corruption and the prevention and control of financial risks. Up to the institutional level, the central government issued a special opinion on promoting the construction of party conduct and clean government in the financial sector, forming a consensus on anti-corruption in the financial sector, and providing institutional guarantees for the next stage of advancing anti-corruption in the financial sector.

  Financial anti-corruption marches incessantly

  A group of leading cadres and horses

  At 17:00 on September 16, the website of the Central Commission for Discipline Inspection and State Supervision Commission announced that Hou Shaoze, the former president of CDB Securities, was suspected of serious violations of discipline and law and was under review and investigation.

  Hou Shaoze, former head of the International Department of the People's Bank of China, Deputy Mayor of Weihai City, Shandong Province, Deputy Director of the International Finance Bureau of China Development Bank, and Vice President of China Development Bank Securities.

In January 2016, he resigned as president of CDB Securities.

  At the same time, the website of the Central Commission for Discipline Inspection and State Supervision Commission announced that Zhang Long, the former investment and wealth management director of China Construction Bank, was suspected of serious violations of discipline and law and was under investigation.

  According to public information, Zhang Long once served as the general manager of the credit approval department of China Construction Bank.

  At 20:20 on the same day, the website of the Central Commission for Discipline Inspection and State Supervision Commission once again announced that Ren Kai, the vice president (deputy rank) of China Development Bank's management enterprise, was suspected of serious violations of discipline and law and was under review and investigation.

  Ren Kai, former director of the fourth evaluation division of the Second Evaluation Bureau of China Development Bank, and vice president of Huaxin Investment Management Co., Ltd.

  Within one day, three cadres of first-level central financial institutions were continuously notified for discipline inspection.

  This year, the first central-level financial unit cadre to be notified of the discipline inspection was Mu Shangang, former secretary and director of the Party Committee of the Organ Service Center of the People's Bank of China, on January 4.

  According to public information, from March 2006 to November 2017, Mu Shangang successively served as the deputy director of the People's Bank of China's Organ Service Center (deputy director of the Organ Affairs Administration), party secretary and director (director of the Organ Affairs Administration).

In addition, he also served as general manager, party secretary and chairman of China Gold Coin Corporation.

  The reporter combed through the information in the review and investigation column of the website of the Central Commission for Discipline Inspection and the State Supervision Commission and found that since this year, as of September 25, a total of 52 cadres of central financial units have been notified for discipline inspection.

  Zhuang Deshui, deputy director of the Research Center for Integrity Construction at Peking University, believes that the fact that so many leaders of financial institutions have fallen behind shows that after my country's anti-corruption struggle has won an overwhelming victory and is fully consolidated, the anti-corruption efforts in the financial sector will never stop and will always be on the road.

  Financial corruption has a huge impact

  Anti-corruption efforts continue to increase

  In recent years, the CPC Central Committee has resolutely punished corruption in the financial sector. From listing "financial credit" as a key area and key link in anti-corruption, to emphasizing "integrated promotion of punishing financial corruption and preventing and controlling financial risks", financial anti-corruption has been advanced in depth.

  For example, in January 2018, the communique of the second plenary meeting of the 19th Central Commission for Discipline Inspection proposed that efforts should be made to address corruption in key areas and key links such as finance.

For another example, in January this year, the communique of the sixth plenary meeting of the 19th Central Commission for Discipline Inspection called for “continuously promote corruption governance in the financial sector”.

  According to Peng Xinlin, a professor at the Law School of Beijing Normal University, finance is the lifeblood of the economy and is related to all aspects of the national economy and people's livelihood as well as economic and social development.

Financial corruption and financial risks are intertwined and coexist, which not only affects the functioning of financial functions, but also easily leads to systemic risks, which directly affect national economic security and social stability.

  Peng Xinlin believes that since the 18th National Congress of the Communist Party of China, especially since the 19th National Congress of the Communist Party of China, the international environment has been complicated and my country's economy has faced greater downward pressure. The impact of the order is stronger, and even directly endangers the national economic and financial security. Therefore, more attention and emphasis must be placed on the governance of financial corruption.

  According to Zhuang Deshui's observation, in recent years, the Central Commission for Discipline Inspection has focused on promoting anti-corruption in the financial sector. There are two main reasons. First, there is a risk of corruption in the financial sector. We must eliminate corruption issues to ensure the healthy development of my country's financial sector. From the perspective of the strategic layout of corruption, take anti-corruption in the financial sector as a breakthrough to drive the overall anti-corruption, and promote the construction of a clean and honest party by addressing both the symptoms and root causes.

  It is against this background that, in the past three years, a group of leading cadres in the financial sector have fallen.

  According to the information in the review and investigation column of the website of the Central Commission for Discipline Inspection and the State Supervision Commission, the reporter found that since 2020, the Central Commission for Discipline Inspection and the State Supervision Commission has notified a total of 106 cadres of central first-level financial units for discipline inspection.

On an annual basis, there are 15 people in 2020 and 39 people in 2021, and the number is increasing year by year.

  In Zhuang Deshui's view, since the 18th National Congress of the Communist Party of China, the CPC Central Committee has resolutely punished financial corruption. These data show that the anti-corruption storm in the financial sector has achieved tangible results in eliminating the stock of corruption in the financial sector.

  When analyzing the reasons behind this phenomenon, Peng Xinlin said that in 2021, the CPC Central Committee will conduct regular inspections of the party organizations of 25 central financial units to find out and implement major decisions and deployments of the CPC Central Committee on financial work, serve the real economy, prevent and control financial risks, and deepen financial reforms. and other issues; the reform of the disciplinary inspection and supervision system of Zhongguan financial enterprises has been further promoted, and the Central Discipline Inspection Commission and the State Supervision Commission have directly dispatched disciplinary inspection and supervision teams to Zhongguan financial enterprises.

  "The interests and resources in the financial sector are relatively concentrated, and the phenomenon of financial corruption cases being hidden and collusion is prominent. Financial managers in the same interest chain collude with each other and form a group for corruption. The worms have fallen." Peng Xinlin said, this also reflects the long-term, complex and arduous nature of the fight against corruption in the financial sector, and the task of reducing the stock of corruption and curbing the increase in corruption is very arduous.

  It is worth noting that among the 106 cadres of central financial institutions at the central level who were notified for discipline inspection, there were 28 leading cadres from financial supervision departments and 78 leading cadres from financial institutions.

  The CBIRC system has the largest number of people investigated, with 17. Only the local regulatory authorities involve Sichuan, Shanxi, Liaoning and other provinces.

As for financial institutions, China Development Bank and China Construction Bank have the largest number of people under investigation, with 10 people each.

  Zhuang Deshui believes that the investigation and punishment of leading cadres in the financial supervision department is an integral part of the anti-corruption in the financial field. Through high-pressure anti-corruption rectification of corruption in the financial supervision field, we can find out the "inner ghost" of the supervision department, and hold down the "life gate" of corruption in the financial field. It has seized the "seven inches" of corruption in the financial sector.

  Strengthen the construction of financial rule of law

  Summarize experience and introduce system

  In October 2021, with the approval of the Party Central Committee, the eighth round of inspections of the 19th Central Committee will conduct regular inspections of party organizations in 25 financial units for a period of about two months.

  In February this year, the Central Inspection Leading Group held a centralized feedback meeting for the eighth round of inspections of the 19th Central Committee.

Then, the 15 central inspection teams gave "one-to-one" feedback to 25 financial units.

  The feedback from the central inspection team pointed out that there are still many outstanding problems in the implementation of the party's overall leadership, the strengthening of party building, and the promotion of comprehensive and strict governance of the party by the party committees (party groups) of financial units, some of which are common.

  For example, some political construction is weak, and the study and implementation of the spirit of the Party Central Committee is not in place; some have insufficient awareness of preventing and defusing financial risks, and the financial risk identification, early warning and disposal mechanisms are not sound enough; Fulfilling the "two responsibilities" is not in place, some units "rely on finance to eat finance", the risks of integrity in important positions, key areas and key links are relatively prominent, and there are many reports of spiritual problems in violation of the eight central regulations, formalism, bureaucracy and extravagance. Hedonic winds are still prominent etc.

  Peng Xinlin believes that these problems pointed out by the feedback are all common and prominent problems in the financial field.

If these problems are not solved, there will be a "straw man effect" and "broken window effect", which will affect the high-quality development of finance.

  In Zhuang Deshui's view, according to the inspection feedback, these problems in the financial field are directly related to the fact that the reform of our entire financial system is not in place, and the financial operation mechanism lags behind the needs of economic and social development, which shows that my country's financial system governance is still insufficient. It also provides a "hotbed" for the spread of financial corruption, such as the problem of "relying on finance to eat finance".

At the same time, it also shows that the "cancer" of corruption in the financial field has not been completely eliminated, and the financial anti-corruption will take a long time to work.

  In response to these problems, Peng Xinlin suggested to strengthen the construction of the financial rule of law, including improving legal norms in the field of financial innovation, strengthening financial supervision, especially the construction of Internet financial supervision laws and regulations, and improving financial laws applicable outside the territory. .

  "Make good use of the inspection results of financial institutions, focus on special rectification of common problems found in inspections, strengthen top-level research on deep-level problems, promote the improvement of systems and mechanisms, and deepen both the symptoms and the root causes." Peng Xinlin said.

  In Peng Xinlin's view, it is necessary to do a good job in the overall coordination of financial anti-corruption and financial risk disposal, and promote the punishment of financial corruption and the prevention and control of financial risks.

Strengthen the supervision and internal governance of the financial sector, strengthen the supervision and restriction of the operation of supervisory power, strengthen the supervision of the "key minority", especially the "top leaders" and leading groups, promote strong supervision with strong supervision, and promote the capital market to better serve the economic and social high level. Quality development.

  In June this year, the Political Bureau of the Central Committee of the Communist Party of China held a meeting to review the "Report on the rectification and improvement of financial units in the eighth round of inspections by the 19th Central Committee".

  The meeting emphasized that it is necessary to uphold and strengthen the party's leadership over financial work, prevent and defuse financial risks, deepen reform and innovation, and continue to consolidate the main responsibilities and supervisory responsibilities of rectification and oversight with the vigor of real hard work and the tenacity of grasping to the end. Comprehensively strengthen the strict atmosphere in terms of management, thinking, organization, work style and discipline, and promote the party committees (party groups) of financial units to fully implement rectification, establish a normalized long-term mechanism, and integrate inspection and rectification into daily work and deepen reform. , integrated into the comprehensive and strict governance of the party, integrated into the team building, and provided a strong political guarantee for the healthy development of the financial industry.

  Zhuang Deshui believes that it is necessary to comprehensively summarize the anti-corruption experience in the financial field and raise these experiences to the institutional level. In the first stage, we will promote anti-corruption in the financial sector to provide institutional guarantees.

  "It is recommended to take the integration of the 'three no' as an important measure to deepen the anti-corruption in the financial sector in the future, and promote the anti-corruption work in the financial sector more accurately and effectively, especially focusing on the interests and relationships behind financial corruption. '." Peng Xinlin said.

  Comics/Li Xiaojun