

Core Viewpoint - The National Financial Regulatory Administration has issued a new batch of fines totaling over 39 million yuan, primarily targeting violations related to internet loan businesses by Postal Savings Bank and Citic Baixin Bank [1][2]. Group 1: Regulatory Actions - In September, the National Financial Regulatory Administration has issued a total of three batches of fines, affecting over 20 institutions or individuals, with a cumulative penalty amount exceeding 300 million yuan [1]. - Postal Savings Bank was fined 27.92 million yuan for various violations, including mismanagement of loan and internet loan businesses [1]. - Citic Baixin Bank was fined 11.2 million yuan for imprudent management of internet loan businesses and non-compliance in regulatory data reporting [2]. Group 2: Institutional Responses - Postal Savings Bank has acknowledged the regulatory findings and is committed to rectifying the issues, emphasizing compliance and high-quality development in its operations [1]. - Citic Baixin Bank has also expressed its commitment to implementing corrective measures and enhancing risk management and compliance practices [2]. Group 3: Broader Context - The fines issued in September reflect a range of issues, including traditional banking risks and emerging concerns such as data security and internet loan management [3]. - Over 30 individuals have faced penalties since September, indicating a trend towards accountability and thorough regulatory oversight [4].