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Former Top Securities Regulator Surrenders
  ·  2019-05-27  ·   Source: NO. 22 MAY 30, 2019
Liu Shiyu

Liu Shiyu, China's former top securities regulator, has surrendered to anti-corruption authorities, according to the Central Commission for Discipline Inspection (CCDI).

He is cooperating with the CCDI and the National Commission of Supervision in the investigation of suspected violations of disciplines and laws, the CCDI said in a statement on its website on May 19.

Liu, born in 1961 in east China's Jiangsu Province, was the second ministerial-level official to surrender to anti-corruption authorities since the 18th National Congress of the Communist Party of China in 2012.

He served as assistant to the governor of the People's Bank of China, vice governor of the People's Bank of China and chairman of the Agricultural Bank of China. In 2016, he was appointed head of the China Securities Regulatory Commission.

Liu was replaced by Yi Huiman, former Chairman of the Industrial and Commercial Bank of China.

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