China’s upcoming regulations for administrative settlements aren’t a means for capital market rule-breakers to pay their way out of investigations, Caixin reported, citing the country’s top securities regulator.
From 2022, individuals and institutions being probed by the China Securities Regulatory Commission (CSRC) will be able to pay settlements, rather than waiting for the result of the investigation, according to regulations published by the watchdog.
Read the full report: Caixin.
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