Core Viewpoint - The China Banking and Insurance Regulatory Commission's Guangdong Bureau has issued a fine to the Guangzhou Wuyang Branch of the Industrial and Commercial Bank of China for serious violations of prudent operating rules in its loan business [1] Summary by Relevant Sections - **Violation Details** - The Guangzhou Wuyang Branch of the Industrial and Commercial Bank of China was found to have severely violated prudent operating rules in its loan business [1] - Li Keli, the then Deputy Branch Manager, is held responsible for these violations [1] - **Penalties Imposed** - A fine of 2.8 million yuan (approximately 0.4 million USD) was imposed on the Guangzhou Wuyang Branch [1] - Li Keli received a warning and a fine of 50,000 yuan (approximately 7,000 USD) [1]