(News Release of the SAFE  October 14, 2009)
Beginning in April 2006, the SAFE implemented a nationwide system of information disclosure on (negative) foreign exchange violations, and at regular intervals has announced to the public information about cases of foreign exchange violations  through open disclosures and public queries. To the present, the SAFE has announced information on over 600 enterprises that have committed foreign exchange violations and escaped punishment, thus effectively protecting the environment for normal operations and competitive order in the foreign exchange market.
In order to coordinate with the 2009 nationwide activity of the Month of Advocating the Running of Business with Integrity,the SAFE again announced information on 110 enterprises that committed foreign exchange violations and escaped punishment, which had been discovered from foreign exchange administration and inspections since the third quarter of 2008. On the one hand, the disclosure of information on enterprises that escaped punishment reminds the society to pay attention to such illegal enterprises, in particular to take measures to avoid damages on compliant enterprises that carry out normal production and operations by their continuation of such illegal acts.  On the other hand, the disclosure warns other foreign exchange-related subjects about their foreign exchange income and expenditure activities, thus enhancing the notion of honesty with respect to trade in foreign exchange income and expenditure, guiding foreign exchange-related subjects to self-regulate, and creating an honest, committed, and normative foreign exchange market environment.