Mei Ri Jing Ji Xin Wen·2026-02-16 00:00Core Viewpoint - The People's Bank of China has issued administrative penalties totaling approximately 86.01 million yuan against China Construction Bank and Shanghai Pudong Development Bank for various regulatory violations [1][2]. Group 1: China Construction Bank - China Construction Bank was penalized for multiple violations including account management, merchant management, currency circulation, anti-counterfeit currency regulations, and customer identity verification [1][3]. - The total penalty for China Construction Bank includes a confiscation of illegal gains amounting to 550,975.67 yuan and a fine of 42,955,100 yuan, resulting in a total of 43,506,075.67 yuan [1][4]. - A total of 21 responsible individuals from China Construction Bank were fined 1,205,000 yuan collectively [7]. Group 2: Shanghai Pudong Development Bank - Shanghai Pudong Development Bank faced penalties for similar violations including account management, clearing management, and anti-counterfeit currency regulations [1][3]. - The total penalty for Shanghai Pudong Development Bank includes a confiscation of illegal gains amounting to 275,456.08 yuan and a fine of 42,228,900 yuan, resulting in a total of 42,504,356.08 yuan [4][6]. - A total of 9 responsible individuals from Shanghai Pudong Development Bank were fined 755,000 yuan collectively [7].