Xin Lang Cai Jing·2026-01-09 13:46Core Viewpoint - The People's Bank of China, Jinhua Branch, has imposed administrative penalties on the Jinhua Branch of Bank of Communications for multiple violations of financial regulations, resulting in a warning, confiscation of illegal gains, and fines totaling 1.0425 million yuan [1][2]. Summary by Category Violations and Penalties - The Jinhua Branch of Bank of Communications violated several regulations, including financial statistics, account management, anti-counterfeiting currency management, credit information collection, and customer identity verification obligations [1][2]. - The total fines imposed on the Jinhua Branch amount to 1.0425 million yuan, with an additional confiscation of illegal gains of 97.5 yuan [1][2]. - Individual employees, Huang and Chen, were fined 10,000 yuan each for their respective violations related to credit information management and customer identity verification [3][4]. Administrative Details - The administrative penalties were documented under decision number Jin Yin Fa Jue Zi [2025] 26, with the penalties issued by the People's Bank of China, Jinhua Branch, on December 30, 2025, and the public disclosure period set for five years [2][4].