Safe Has Announced 16 Fines For Foreign Exchange Violations, &Nbsp, &Nbsp, And Four Major Lines.

In December 29th,

In the late February of this year, the Ministry of Foreign Affairs launched a special action to deal with and punish illegal capital inflows such as "hot money". In the end of February this year, the safe has identified 197 cases of foreign exchange violations, involving a total of $7 billion 340 million.

"While most banks are improving their financial services, the sense of compliance has been enhanced, and the overall situation of compliance has been further improved.

However, it was found that there were some irregularities in the operation of some banks, including: short-term external debt index, illegal capital settlement, personal sale and settlement, current account and capital account receipts and payments, violation of foreign exchange account management regulations, and failure to conscientiously carry out the authenticity audit when handling customer service pactions.

The safe said.

The safe also informed the second batch of typical cases of bank foreign exchange violations and penalties.

The first announcement was two months ago.

In the notice list, ICBC involved 4 branches, Foshan Yanbu sub branch and Yangzhou Hanjiang sub branch, which did not strictly examine the certificate of foreign exchange settlement for the company's capital settlement, involving a total amount of $45 million 490 thousand; Yulin Jiangnan sub branch and Yulin branch business department violated regulations for personal cash splitting and settlement business, involving 67 thousand dollars and 2 million 300 thousand HK dollars respectively.

CCB also has three branches named. Among them, the six li branch of Shanghai did not strictly examine the foreign exchange certificates, and handled 1 capital pactions for a shopping company, with an amount of HK $63 million 116 thousand and 600.

According to the investigation, 26 million 721 thousand and 200 of the Hong Kong dollar had no corresponding foreign exchange certificate.

The three Yuan Branch of Beijing branch did not examine the 1 foreign exchange certificates when it handled the foreign exchange business in excess of the total annual amount, and the amount was $1 million 730 thousand.

The Baoan branch of Shenzhen branch acted as an instrument company in Shenzhen for the settlement of foreign exchange loans by default, and the settlement amount was 2 million 300 thousand US dollars.

In addition, Xiamen International Bank Fuzhou branch failed to settle 33 foreign exchange settlement through the personal selling and selling management information system. The sum amounted to HK $17 million 284 thousand and 200, which violated the relevant provisions of personal foreign exchange management. The Ningbo Development Bank of Ningbo, Zhongxing branch of Shanghai, Pudong, and other 56 individuals in the Ningbo branch of the Ningbo branch of the Zhongxing branch of the Ningbo branch split up and settled 56 foreign exchange contracts, with a total value of 2 million 765 thousand and 900 US dollars; the CITIC Bank Dalian branch business department handled 3 capital notes for a Dalian Real Estate Company in the name of reserve fund, with a total sum of 1 million 377 thousand and 900 US dollars.