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**Summary:**

易会满 (Yi Huiman), former Chairman of the China Securities Regulatory Commission (CSRC) and current Deputy Director of the Economic Committee of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), is under investigation for suspected serious violations of discipline and law. The announcement was made by the Central Commission for Discipline Inspection and the National Supervisory Commission (CCDI-NSC). Yi, who served as CSRC Chairman from January 2019 to February 2024, has a long career in the financial sector, including over 34 years at the Industrial and Commercial Bank of China (ICBC). His investigation comes approximately a year and seven months after stepping down from his role as CSRC chairman and only recently being appointed to the CPPCC. Sources indicate that signs of the investigation existed prior to the announcement.

**News Article:**

**Former China Securities Regulator Yi Huiman Under Investigation for Corruption**

**Beijing, China** – Yi Huiman, former Chairman of the China Securities Regulatory Commission (CSRC) and current Deputy Director of the Economic Committee of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), is being investigated for suspected “serious violations of discipline and law,” according to an announcement made today by the Central Commission for Discipline Inspection and the National Supervisory Commission (CCDI-NSC).

The announcement, posted on the CCDI-NSC website, marks a significant development in China’s ongoing anti-corruption campaign. Yi’s tenure as CSRC Chairman, from January 2019 to February 2024, oversaw a period of considerable change and volatility in the Chinese stock market. He was elevated to this position following a career spanning over three decades at the Industrial and Commercial Bank of China (ICBC), where he rose through the ranks to become Chairman.

Born in December 1964 in Cangnan, Wenzhou, Zhejiang province, Yi’s deep roots in the financial sector have made him a figure of considerable influence. Just months after stepping down as CSRC chairman, he was appointed to the CPPCC’s Economic Committee in June 2024, suggesting the investigation might have come as a surprise.

According to Caixin sources, however, there were indications that Yi was under scrutiny prior to today’s announcement. The specific details of the allegations against Yi have not yet been publicly released.

This investigation is likely to send shockwaves through the Chinese financial regulatory landscape and further underscores the government’s commitment to combating corruption at all levels.

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