Zhong Guo Jing Ji Wang·2026-02-11 06:41Core Viewpoint - The recent civil judgment reveals that China Everbright Bank engaged in illegal sales of trust products, leading to significant investor losses and a court ruling mandating compensation for the affected investor [1][2]. Group 1: Legal Proceedings - A civil judgment from the Shanghai Financial Court determined that China Everbright Bank must compensate an investor approximately 272,514.17 yuan for losses incurred from a coal industry trust product, which resulted in over 45% loss on a 3 million yuan investment [1][2]. - The court found that the bank acted as an illegal sales agent for the "Chang'an Trust Coal Resource Industry Investment Fund No. 3," and the investor only recovered 1,637,429.14 yuan of the initial investment [1][3]. - The judgment also stated that any future distributions received by the investor from the trust would reduce the bank's compensation liability by 20% of those amounts [3]. Group 2: Regulatory Oversight - In 2015, the China Banking Regulatory Commission issued a directive highlighting significant internal control and risk management issues at the Shanghai branch of the bank, leading to a suspension of various sales activities [2]. - The directive mandated that the bank strengthen its management of agency sales and implement a list-based management system for sales agents, prohibiting unauthorized sales by branch institutions [2].