The Bank of China was warned by the central bank for violating 12 acts including account management and fined 36.642 million yuan (RMB, the same below, about S $ 6.9 million).
Comprehensive Surging News, Daily Economic News, and Observer reported that the Bank of China announced on Friday (December 1) that the administrative penalty decision showed that the Bank of China was warned by 12 illegal acts and confiscatedThe illegal income was 373,400 yuan, and the fine was 36.642 million yuan.The decision date for administrative penalties is November 29.
illegal acts include: violation of account management regulations, violations of liquidation management regulations, violations of merchant management regulations, violations of the provisions of the reserves, violating the relevant regulations of the RMBRelevant management regulations have not fulfilled the obligation to identify customer identity in accordance with regulations, failed to preserve customer identity information and transaction records in accordance with regulations, and did not submit large transaction reports or suspicious transactions in accordance with regulations.Management stipulates that violations of personal financial information protection regulations.
The People's Bank of China also notified 18 responsible persons and was fined, with a fine of 10,000 to 380,000 yuan.
In addition, the State Administration of Finance and Administration of China reported on the same day that the CITIC Bank General Office of CITIC Bank, which involved 56 violations, was fined 1524.2 million yuan, and the illegal income was 4.6259 million yuan.Total 225 million yuan.
illegal acts include: the issuance of a large number of loans to hold the Bank's bad on behalf of the Bank, issue the equity of the acquisition of loans to acquire insurance companies, illegally provide credit to non -financing guarantee companies, and some businesses do not meet national policy requirements.
