China Securities Association plans to amend the implementation measures for self-regulatory measures, and impose heavier penalties for interfering with securities-related work by means of bribery

The reporter learned in the industry on April 11 that the China Securities Association plans to amend some provisions of the "Implementation Measures of the China Securities Association's Self-discipline Measures" to clarify that the use of bribes to interfere with securities-related work will take self-discipline measures seriously, in order to further implement the decision-making and deployment of the Party Central Committee on insisting on the investigation of bribery and bribery, and severely punish bribery in capital markets with a "zero tolerance" attitude. Specifically, the China Securities Association plans to add a situation where self-discipline measures are taken seriously, that is, "interfering with securities-related work by means of bribes". Overall, the situation in which the CSA takes self-regulatory measures seriously includes six: refusing to cooperate with the investigation, forging, concealing, destroying, or transferring evidence materials; retaliating against the complainant, whistleblower, etc.; refusing to rectify or perfunctory rectification, false rectification; two or more similar violations within 12 months; interfering with securities-related work by means of bribery; other aggravating situations.