From 2014 to 2019, he was fined 16.25 million yuan for 23 business violations, including 271500 yuan of illegal income. < p > < p > strict supervision in the financial sector has gradually become the norm. According to the statistics of Chinese correspondents of securities companies, during the two weeks from August 1 to 14, the banking and insurance regulatory system at all levels issued 164 tickets, more than 10 tickets a day on average. Among them, the banking industry has repeatedly issued millions and tens of millions of fines. From the content of the tickets, the regulatory field is more refined, and new punishment cases begin to appear. < p > < p > following the issuance of the largest fine within the year in the banking and Insurance Regulatory Commission System on August 10, Shanghai Pudong Development Bank was heavily fined 21 million yuan, and Shanghai Banking and Insurance Regulatory Bureau issued another large fine on August 14: Bank of Shanghai was fined 16.25 million yuan. < p > < p > according to the penalty tickets, Bank of Shanghai Co., Ltd. has committed the following illegal behaviors from 2014 to 2019: illegal charging; illegally granting loans to real estate projects with insufficient capital and incomplete “four certificates”; granting real estate development loans to other loan subjects; issuing credit loans to related parties in violation of regulations; issuing loans to repay bank acceptance bills To examine and approve the transfer of credit assets that do not meet the criteria for the identification of non-performing loans. < p > < p > in terms of business operation, the personal loan business, working capital loan business, bill business, financial management business, entrusted loan business, internal guarantee and external loan business of Bank of Shanghai have seriously violated the prudent operation rules. < p > < p > in the aspect of business management, the management of M & A loans, operating property loans, derivatives trading personnel and related party transactions also violate the prudent operation rules. Zou Lijing, Bank of Shanghai, in September 2017, the “three inspections” of some working capital loans of Shibei branch of Bank of Shanghai seriously violated the prudent operation rules. Zou Lijing was directly responsible for the above violations and was given a warning. < p > < p > ZHU nairong, Bank of Shanghai, in July 2018, Baoshan Branch of Bank of Shanghai issued loans in violation of regulations to repay the advance of bank acceptance bills. Zhu nairong was directly responsible for the above violations and was given a warning. Recently, the Shanghai Banking and Insurance Regulatory Bureau has frequently issued large tickets, which is the second ten million level fine since August. Prior to that, Shanghai Pudong Development Bank was fined 21 million yuan on August 11, involving 12 violations involving interbank business and credit business. < / P > < p > in addition to the punishment of Shanghai Pudong Development Bank due to violations of laws and regulations during 2014-2019, the punishment time of Shanghai Pudong Development Bank is also traced back to 2013-2018. < p > < p > on August 11, Shanghai Banking and Insurance Regulatory Bureau released a disclosure form of administrative penalty information. Shanghai Pudong Development Bank was subject to 12 illegal and illegal facts, such as existence from 2013 to 2018, failure to carry out inter-bank business in accordance with the provisions of the exclusive department system, illegal provision of guarantee for bank financial management funds to non-standard creditor’s rights assets, and failure of personal consumption loan post loan management due diligence They were ordered to make corrections and fined 21 million yuan in total. This is also the largest penalty issued by the cbcirc this year. In response, Shanghai Pudong Development Bank responded that since 2019, the bank has implemented rectification work in many aspects, including improving system system, improving data quality, strengthening unified credit, preventing key areas, strengthening monitoring and inspection, and continuously deepening comprehensive risk management; at present, relevant reform work has been basically completed, and relevant responsible personnel have been seriously held accountable. Wang Yang, a senior lawyer with Beijing Guozi law firm, pointed out that the huge fine imposed by Shanghai Pudong Development Bank has also sounded the alarm bell for all joint-stock commercial banks. Bank is a high-risk industry, and compliance operation is the basis of stable operation and sustainable development of commercial banks. At present, the internal and external environment of the financial market is changing, illegal fund-raising and private lending continue to transmit to the banking system. If the business development of commercial banks is not based on compliance, the noumenon of commercial banks may be overturned. < p > < p > according to the statistics of Bairui consulting, since August, the bancassurance regulatory system at all levels has issued continuous fines to more than ten banks, with a total penalty amount of more than ten million yuan. For example, on August 5, Shanghai Banking and Insurance Regulatory Bureau issued five consecutive tickets involving relevant branches and departments of China Merchants Bank, Bank of communications, Shanghai Pudong Development Bank and Industrial Bank, with a total fine of 7.5 million yuan. < p > < p > since the beginning of this year, the supervision is still strict, and we have paid close attention to credit and other issues. According to incomplete statistics, as of June 30, 2020, the banking and Insurance Regulatory Commission system has issued a total of 1151 tickets to banking financial institutions, with a total amount of 317 million yuan. Among them, violations of interbank business, loan business, internal management of institutions, illegal business charges and intermediary violations are still the focus of punishment. According to the above-mentioned fines, the scope of bank punishment is expanding, and the causes of punishment of some banks have increased significantly. The regulatory authorities have a more severe attitude towards bank business violations, and the direction of supervision is more refined.
is different from the previous regulations on bank irregularities. This year’s supervision mainly focuses on credit violation, which mainly focuses on illegal loans, after loan management is not in place, and loan investigation is not done. < p > < p > from the perspective of punishment reasons, the huge fines mainly refer to the illegal behaviors of banks in the fields of loans, financial management and interbank business. For example, Bank of Shanghai and Shanghai Pudong Development Bank have illegally issued loans to real estate projects with incomplete “four certificates”. < / P > < p > in terms of loan business, Bank of Shanghai also has the problem of issuing credit loans to related parties in violation of regulations, which is used to repay bank acceptance bill advances, and loan classification is not accurate; Shanghai Pudong Development Bank also fails to manage and control the payment of loan funds according to regulations, and the post loan management of personal consumption loans is not due. < / P > < p > other businesses also involve financial management, bills, interbank, etc., such as Shanghai Pudong Development Bank’s delaying payment of interbank investment funds to absorb deposits, providing guarantee for the bank’s financial management funds to invest in non-standard creditor’s rights assets, and violation of prudent operation principles in bill business and financial management business of Bank of Shanghai. < / P > < p > how to treat the increasingly stringent financial regulation? Wang Yang pointed out that the major commercial banks should strictly follow the regulatory laws and comprehensively sort out and improve the existing internal systems of banks. Analyzing the causes of various financial cases and risk events in recent years, a large part is also inseparable from the illegal operation of bank employees. Some senior banking professionals suggested that banks should compact the main responsibility of all parties according to the exposed problems, implement rectification as soon as possible, supplement the weakness of risk control in internal governance, strengthen the education and training of internal staff, further enhance the ideological understanding of legal business development in compliance with the law, put in place institutional barriers in the future, and effectively protect the legitimate rights and interests of depositors and investors.