# Compliance
Latest news and articles about Compliance
Total: 8 articles found
The High Cost of Speed: J&T Express Shares Sink as Beijing Probes Safety Lapses
J&T Global Express shares plunged following an investigation by China’s State Post Bureau into frequent safety accidents and management failures. The probe focuses on the company's inability to maintain unified safety standards across its vast franchise network, reflecting a broader regulatory crackdown on high-speed growth in the logistics sector.
Hong Kong’s Regulatory Iron Fist: SFC Signals Zero Tolerance for Brokerage Compliance Failures
The Hong Kong SFC has launched a major crackdown on brokerage firms following an audit that exposed significant failures in anti-money laundering controls and identity verification. Licensed firms are now required to conduct internal audits as the regulator moves toward a zero-tolerance policy for senior management oversight.
China’s Central Bank Unveils New ‘Financial Blacklist’ to Reinforce Market Discipline
The People's Bank of China has released a draft policy to blacklist individuals and firms for serious financial misconduct. The measures include public shaming, increased inspections, and restrictions on government bidding, though a credit repair mechanism allows for potential removal after one year.
Beijing’s Legal Counter-Strike: China Bars Compliance with US Sanctions on Five Domestic Firms
China has formally prohibited its domestic entities from complying with US sanctions against five Chinese firms, citing its Anti-Foreign Sanctions Law. This directive forces multinational companies into a high-stakes choice between US and Chinese legal mandates, further fragmenting the global trade environment.
Prescription for Control: Beijing Tightens Oversight as Retail Pharmacy Giants Face Insurance Fraud Audits
Hunan authorities have launched a province-wide crackdown on major pharmacy chains, including Laobaixing Pharmacy, following an investigation into the misuse of medical insurance funds. The campaign introduces 'flying inspections' and mandatory corporate rectifications, reflecting a national push to eliminate fiscal leakages in the healthcare system.
China’s Securities Regulators Tighten Grip with Retroactive Penalties Ahead of New Statute of Limitations
Chinese securities regulators are conducting rare retroactive enforcement actions, punishing brokers for violations committed over a decade ago. This aggressive 'cleanup' phase precedes new regulations arriving in mid-2026 that will standardize a two-year statute of limitations for such administrative measures.
China Unicom’s Triple Crisis: Fading Growth, ESG Laggard Status, and ‘National Team’ Divestment
China Unicom is struggling with stalling profit growth and poor ESG performance compared to its larger rivals, China Mobile and China Telecom. Amidst rising regulatory fines and high customer dissatisfaction, the company is undergoing leadership changes while a major state-backed fund has begun divesting its shares.
Sloppy Math and Silent Errors: A Professionalism Crisis in China’s Fund Management Industry
Prominent Chinese fund managers are facing scrutiny following a series of high-profile operational blunders, including mathematical errors in annual reports and delayed net value corrections. These incidents highlight a growing gap between the massive scale of China's asset management industry and the maturity of its internal risk controls.