Zheng Quan Shi Bao Wang·2025-12-19 23:45Core Viewpoint - Three banks in China received significant fines totaling over 100 million yuan due to various regulatory violations, highlighting ongoing compliance issues within the banking sector [1]. Group 1: Bank Penalties - Bank of Communications was fined 67.8343 million yuan for 11 violations, including breaches of account management and clearing regulations, and had illegal gains of 239,821.16 yuan confiscated [2][3]. - Industrial and Commercial Bank of China faced a penalty of 39.615 million yuan for 10 violations, including financial statistics and account management breaches, with illegal gains of 4.34570857 million yuan confiscated [4][5]. - Shanghai Pudong Development Bank was fined 15.6 million yuan for imprudent management of wealth management and distribution businesses, with multiple related personnel also penalized [6]. Group 2: Specific Violations - Violations by Bank of Communications included: 1. Breaching account management regulations 2. Violating clearing management regulations 3. Failing to identify customer identities as required 4. Engaging in transactions with unidentified clients [3]. - Violations by Industrial and Commercial Bank of China included: 1. Breaching financial statistics regulations 2. Violating account management regulations 3. Failing to report large or suspicious transactions as required [5]. - Violations by Shanghai Pudong Development Bank included: 1. Inadequate management of wealth management and distribution businesses 2. Insufficient employee oversight [6]. Group 3: Personnel Consequences - Bank of Communications had 13 related personnel penalized, with fines ranging from 4,000 to 170,000 yuan, and two individuals received warnings [3]. - Industrial and Commercial Bank of China had 17 personnel penalized, with fines between 20,000 and 150,000 yuan, and four individuals received warnings [5]. - Shanghai Pudong Development Bank saw six personnel warned and fined a total of 300,000 yuan, with seven individuals facing industry bans ranging from 5 to 15 years [6].