EconomyChina targets brokerages’ offshore operations in crackdown on pay loopholes and corruption
China’s securities regulator and industry body are moving to close compensation loopholes for brokerage executives and staff, while extending anti-corruption oversight to overseas operations for the first time. The Securities Association of China has circulated a revised draft of its “clean practices” rules for feedback by September 29.
China targets brokerages’ offshore operations in crackdown on pay loopholes and corruption
Economy