Is it illegal for banks not to implement the rotation system according to regulations?

It is illegal for banks not to implement the rotation system according to regulations.

According to the Guidelines on Internal Control of Commercial Banks issued by the CBRC, commercial banks should implement a rotation system for important posts and implement regular or irregular rotation for personnel in important posts. This is to reduce the operational risk and moral hazard within the bank and prevent the conflict of interest and corruption that may occur when employees work in the same position for a long time. If the bank does not implement the rotation system according to the regulations, it will be regarded as a violation of internal control requirements and there will be certain compliance risks.