People’s Bank of China and State Administration of Foreign Exchange set 2026 discipline inspection and anti-corruption priorities

The People’s Bank of China and the State Administration of Foreign Exchange (SAFE) held their 2026 conference on comprehensively and strictly governing the Party and on discipline inspection and supervision, reviewing 2025 work on party conduct, clean government and anti-corruption and setting key tasks for 2026. For the People’s Bank of China system, priorities included tighter implementation of Party Central Committee decisions and the “first issue” system, clearer accountability for party governance across leadership levels, and normalised follow-through on central inspection and audit rectification. The agenda also set out enhanced supervision of “top leaders” and greater linkage across discipline inspection, inspection and audit, deeper work-style and anti-corruption efforts including enforcement of the “eight central regulations”, regular discipline study and warning education, and improvements to mechanisms for investigating and early-warning abnormal employee behaviour, alongside action against new and hidden corruption. Additional measures covered stronger system-building and rule-based exercise of power, fairer cadre selection and deployment, and more standardised internal management, including optimisation of county-level financial management and services and strengthened oversight of affiliated units; SAFE’s priorities similarly emphasised inspection rectification mechanisms, tighter controls over power operation including more standardised law enforcement and audit supervision, integrity risk prevention, and cadre rotation and grassroots training, alongside case-based reform and governance and continued action against disciplinary and legal violations.