What are the special samples of Greater Bay Area's financial industry under heavy penalties, which are worth pondering by regulators and people of insight in the industry?
Sample analysis 1
Guangzhou rural commercial bank
Behind the heavy punishment, the central bank strictly investigated the "anti-money laundering" violations.
At the same time, it was informed by the Guangdong Banking Regulatory Commission and the Guangzhou Branch of the People's Bank of China that this local bank in Guangzhou entered the spotlight.
65438 10/7, Guangzhou Branch of China People's Bank showed that Guangzhou Rural Commercial Bank was fined 5.9 million yuan for violating the following provisions of anti-money laundering laws and regulations: failing to perform customer identification obligations, failing to submit large transaction reports or suspicious transaction reports, and trading with unidentified customers. At the same time, five responsible persons were punished by name.
Coincidentally, on June 30, 65438 Guangdong Banking Supervision Bureau's administrative penalty information disclosure form also pointed to this bank: issuing a guaranteed income commitment for non-guaranteed interbank wealth management products and falsely transferring non-standard creditor's rights assets; Tao, Li and Hu Yingqiang were responsible for management and fined the bank 6,543,800 yuan. Some responsible persons were warned or fined.
According to incomplete statistics, in the past 202 1, Guangzhou Rural Commercial Bank received four tickets1from CBRC. The main reasons involve serious violation of prudent management principles in loan business, serious dereliction of duty in employee behavior management, loopholes in the management of basic business links, and major loopholes in the security work of business outlets.
According to public information, the legal representative of Guangzhou Rural Commercial Bank is Cai Jian, formerly known as Guangzhou Rural Credit Cooperative, which was established in 1952. In June 2009, it was restructured into a rural commercial bank and listed in Hong Kong with a registered capital of 9.808 billion yuan. Official website shows that the bank has 602 outlets, ranking first in Guangzhou, with total assets of1091300 million yuan at the end of June.
However, since 2023, the central bank has strictly investigated violations related to "anti-money laundering". By the end of February this year, 37 banks in China had been fined 51168,000 yuan for violating anti-money laundering regulations. Guangzhou Rural Commercial Bank failed to fulfill the obligation of customer identification as required, and conducted transactions with unidentified customers. Are the contents of the current "anti-money laundering" investigation.
Sample analysis 2
Zhaolian finance
Eight major violations include malicious collection.
Give it an administrative penalty of 2.9 million yuan.
Under the aura of "China Unicom and China Merchants Bank", Zhaolian Finance, a licensed consumer financial institution headquartered in Shenzhen, was severely punished just one year after its opening. On February 8, the CBRC imposed an administrative penalty of 2.9 million yuan on Zhaolian Finance for eight reasons, including: exaggerated and misleading marketing propaganda; The quality and price of platform service fees are inconsistent; Product pricing management is not prudent; Risk management of cooperative merchants is not in place; Uncounted off-balance-sheet exposure of joint loans; Improper collection behavior; The review of consumer rights protection is not standardized; Consumer complaint management is not in place.
Improper collection or even malicious collection has brought a large number of consumer financial institutions to the forefront. It is observed that the rapid development of consumer finance in recent years has not only brought convenience to borrowers, but also caused a series of problems. There is a problem. The media counted the centralized complaints of consumer financial institutions: without any obvious hints, the lending platform raised the daily interest rate without authorization; The actual loan interest rate is abnormally high, which is seriously inconsistent with the publicity and display content of the loan platform; Hire a third-party company to make violent dunning, which makes borrowers tremble every day.
As evidence, the consumer complaints of Shenzhen banking financial institutions in the second half of 2002/kloc-0 released by China Banking and Insurance Regulatory Commission on March 9 showed that the number of consumer financial complaints of Zhaolian reached 1603, ranking fourth among the "banking institutions headquartered in Shenzhen".
What signal does the sky-high ticket send? 65438+ 10/2 1 day, the website of Shenzhen Central Sub-branch of China People's Bank recently issued a notice of administrative punishment. Zhongfu Payment Technology Co., Ltd. was fined 67 1.93 million yuan for six violations. Wang, the then deputy general manager, and the then department manager of the risk management department were each fined 95,000 yuan.
In fact, since the beginning of this year, the supervision of anti-money laundering by the regulatory authorities has been continuously strengthened, and many payment institutions have received high fines one after another. Then, what is the origin of "six crimes combined punishment" in China Communications? Sky survey shows that Zhongfu Payment Technology Co., Ltd. was established in 2007 with a registered capital of 1 438+0 billion yuan. Is an independent third-party payment enterprise in China, and was awarded the payment system security certificate by China Information Security Certification Center. Sky-check also shows that its legal representative is Tang Shaofen, with a shareholding ratio of 67.04%. Shanghai Shangying Commercial Co., Ltd. is the largest shareholder paid by China, holding 465,438+0% shares.
Tickets poured in. How can we see the root of the problem? "With the popularity of electronic payment, the POS machine industry in China has developed rapidly in recent years. Some POS agents use online sales, telephone sales, etc. for misleading promotion, unfair competition for efficiency and interests, disrupting the order and ecology of the payment industry. " In the industry's view, behind the payment of fines, it also projects the chaos that the current payment industry is breeding.
Gulf observation
It is urgent for financial institutions to cherish the reputation risk management of "feather".
Financial compliance is like a "curse". A little carelessness may bring a chain effect and endanger your reputation. If tangible assets such as capital are the tangible lifeline of financial institutions, then reputation risk management is the intangible lifeline of financial institutions.
There are rules to follow and laws to follow. In February last year, the CBRC issued the Measures for the Management of Reputation Risks of Banks and Insurance Institutions (Trial) (hereinafter referred to as the Measures), aiming at improving the management level of reputation risks in the industry, guiding banks and insurance institutions to effectively prevent and resolve reputation risks, and maintaining financial stability and market confidence.
In other words, insurance and banking institutions should take more care of their feathers. It is worth noting that the Measures also explain the relationship between protecting the legitimate rights and interests of financial consumers and the reputation risk of financial institutions, and explicitly require banks and insurance institutions to take the initiative to accept them.
Public opinion supervision and timely and accurate information disclosure are helpful to reduce information asymmetry and protect consumers' right to know. Bank insurance institutions are also required to establish a reputation risk prevention mechanism linked to complaints, reports, mediation and litigation. Responding to and solving consumers' reasonable demands in time is conducive to promoting institutions to pay more attention to consumers' demands and protect consumers' legitimate rights and interests.
In recent years, the regulatory authorities have introduced a number of regulatory measures to increase penalties, which not only conveyed the importance of protecting consumers' rights and interests to financial institutions, but also enhanced the shock of social reputation.
However, people of insight in the industry pointed out that consumers' legitimate financial rights and interests are still infringed from time to time, which is not unrelated to the irregular operation and management of financial institutions, and also highlights the financial institutions' indifference to the reputation risk system.
Whether it's a sky-high ticket or a credibility crisis, whether it's "zero tolerance" or "top punishment", whether it's "public anger" or "powder injury", it's compliance and internal control that ultimately turns bones into cotton palms. "Compliance is an important foundation for promoting the high-quality development of financial institutions." Some insiders reminded that in the face of the increasingly severe regulatory environment, major banks and insurance institutions should accurately grasp the policy direction of regulatory compliance management, speed up the construction of a long-term mechanism for compliance management, and truly establish the concept of "compliance creates value" from top to bottom.
Who broke the law? Look at my "golden eyes"
Guangdong Bank Insurance Penalty Data Online Query Platform
The endless stream of bancassurance violations requires the eyes of big data. Southern Metropolis Daily launched Guangdong bancassurance fine data query platform. The platform is based on the administrative penalties publicly disclosed by Guangdong Banking Insurance Regulatory Commission and Shenzhen Banking Insurance, and is based on financial institutions such as Greater Bay Area Banking Insurance. It uses big data to build media database and case base, provides accurate data query, conducts regular exposure and industry analysis, and plays the role of "magnifying glass" and "think tank" for media supervision, so that financial irregularities have nowhere to hide, and further helps the construction of long-term compliance management mechanism in Greater Bay Area's financial industry.
Planning: Wang Ying
Coordinator: Mars
Technology: Zheng Wenxiang Zheng Liang Yan Mei He Zhuoxian Li Zhengqian
Produced by Du Nan Financial Compliance Research Group.
Related Q&A: Related Q&A: How about Zhaolian Finance? Zhaolian Finance is a big pit, using the interest-free period of three to five days as bait to trick people into borrowing money.
First, the use of funds, no matter how you use them, is illegal.
Two, the loan interest rate is high, more than four times the statutory interest rate.
Third, the penalty interest for prepayment is as high as 1%.