Former PBoC deputy governor expelled from Communist party
Anti-corruption body accuses fintech and pyaments overseer Fan Yifei of accepting large bribes
Fan Yifei, a former deputy governor of China’s central bank, has been expelled from the Communist party and dismissed from public office for “serious violations of discipline and law”.
Fan became a deputy head of the People’s Bank of China in early 2015. He oversaw the fintech and payment sectors, including the development of the digital yuan.
He was placed under investigation by the Central Commission for Discipline Inspection, the top anti-corruption watchdog, in November 2022, and stripped
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Governance
Bank of England to increase staff in regional office
Seven-fold expansion of Leeds employees will widen talent pool and improve trust, BoE says
Maltese prosecutor charges central bank governor with fraud
Scicluna previously denied all wrongdoing while serving as finance minister
Bundesbank’s Nagel: central bank business models are changing
Panetta says wholesale CBDC likely to launch sooner than retail; Das gives update on digital rupee
Book notes: Virtuous bankers: a day in the life of the 18th-century Bank of England, by Anne L Murphy
A bottom-up account of how clerks managed operations and enhanced the BoE’s reputation
Trump advisers aim to curb Fed independence, report says
WSJ says leaked document discusses sacking Powell and giving Trump vote on policy
Thai prime minister tells lenders to cut interest rates
Move comes amid continued tensions between government and central bank
French president calls for expanded ECB mandate
“We cannot have a monetary policy solely focused on inflation,” Macron says
Governance Benchmarks 2024 – model banks analysis
Additional breakdowns of the data reveal details of central bank powers, staffing and more
Most read
- Trends in reserve management 2024: survey results
- Central bank of the year: Central Bank of Brazil
- Riksbank’s Thedéen to be next Basel Committee chair