Xin Lang Cai Jing·2025-12-19 11:04Core Viewpoint - The People's Bank of China has issued administrative penalties against the Industrial and Commercial Bank of China (ICBC) for ten violations, resulting in the confiscation of illegal gains amounting to 4.3457 million yuan and a fine of 39.615 million yuan [1][3]. Summary by Category Violations - Violation of financial statistical regulations [4][6] - Violation of account management regulations [6] - Violation of clearing management regulations [6] - Violation of special merchant real-name management regulations [6] - Violation of counterfeit currency business management regulations [6] - Violation of credit information collection, provision, inquiry, and related management regulations [6] - Failure to fulfill customer identity verification obligations as required [6] - Failure to retain customer identity information and transaction records as required [6] - Failure to report large transactions or suspicious transaction reports as required [6] - Engaging in transactions with unidentified customers [6] Penalties - Total illegal gains confiscated: 4.3457 million yuan [1][3] - Total fines imposed: 39.615 million yuan [1][3] - A total of 17 responsible individuals were also penalized, with a combined penalty of 1.133 million yuan [1][3].