Central Office: Spouses, children and their spouses of bureau-level cadres can no longer engage in private equity fund work

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 Titanium Media App reported on June 19 that recently, the General Office of the Central Committee of the Communist Party of China issued the "Administrative Regulations on the Management of Leading Cadres' Spouse, Children and their Spouse Running Businesses", and issued a notice requesting relevant party committees (party groups) and their organizational (personnel) departments Improve the political position, consolidate management responsibilities, improve the working mechanism, strict discipline requirements, and do a good job of implementing the "Regulations". Strengthening the management of leading cadres' spouses, children and their spouses running businesses is an important measure to comprehensively and strictly administer the Party and strictly manage and supervise cadres.  The "Regulations" require that when leading cadres report personal matters each year, they should truthfully fill in the information about their spouses, children, and their spouses' business-run enterprises. Random inspections and key inspections shall be conducted on the reports of leading cadres. If it is found that the business-run enterprise violates the prohibition on business, the leading cadre shall be ordered to make an explanation, and the spouse, children and their spouses shall quit the business-run enterprise, or the leading cadre shall retire from the current position. , Accept the adjustment of the position, and give corresponding punishment to the leading cadres according to the situation. (Source: Xinhua News Agency)

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