Financials, Automotive, Consumer Discretionary Dec 07, 2021 06:59 PM (GMT+8) · EqualOcean
Cailian news agency, Dec. 7, learned from the person in charge of relevant departments of the China Banking and Insurance Regulatory Commission that in the early stage, the China Banking and Insurance Regulatory Commission has dispatched a regulatory working group for the first time to carry out on-site investigation and supervision, and asked the head office of the banks involved to step into relevant branches to carry out comprehensive risk investigation on relevant bill business. At present, the regulatory authorities are stepping up the identification of violation facts and evidence solidification. In the next step, they will do a good job in administrative punishment and accountability of institutions involved in accordance with the law, urge institutions to speed up making up management defects and loopholes, and establish a compliant business philosophy. At the same time, the regulatory authorities will work with relevant departments to strengthen the crackdown and correction of violations in the financial industry, maintain good financial order and guard the people's "money bag". In October and November this year, Nanjing Branch of Bohai bank and Nantong Branch of Shanghai Pudong Development Bank had disputes with enterprise customers over the pledge of bank acceptance bills by certificates of deposit, and reported the cases to the public security organs respectively, involving an amount of more than 3 billion yuan.