China, India restart border trade
(China Daily)
Updated: 2006-07-10 14:05 Banking irregularities
The government has announced fresh measures to
curb irregularities in the banking sector, this time ordering branch chiefs to
resign if major criminal cases occur on their watch.
Banks have also been
asked to set up an accountability system that allows bank executives and
auditors to take responsibility for problems.
Top managers of branches
involved in frequent irregularities and major criminal cases will not be allowed
to take similar jobs at other branches in the future, while those breaking the
law will be transferred to judicial departments swiftly.
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