BUSINESS● ELEVATEDSep 15 · Sep 15, 2026, 12:00 AM
China targets offshore operations of brokerages in crackdown on pay loopholes, corruption
South China Morning Post · east asia
China’s securities regulator and its industry body are moving to close compensation loopholes for brokerage management and staff, extending anti-corruption oversight to overseas operations for the first time, as Beijing pushes the sector to build world-class investment banks. The Securities Association of China, a self-regulatory body under the supervision of the regulator, recently sent brokerages a revised draft of its rules on “clean practices”, seeking industry feedback by September 29,...
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