Hunan Bank was fined 2.55M yuan for violating nine regulations related to financial statistics and other illegal activities.

2026-04-08 12:00:49

Abstract generation in progress

Recently, administrative penalty information disclosed by the Hunan Branch of the People’s Bank of China shows that Hunan Bank Co., Ltd. committed the following illegal acts: 1. Violated relevant regulations on financial statistics; 2. Violated regulations on account management; 3. Violated regulations on data security management; 4. Violated regulations on the administration of RMB circulation; 5. Violated regulations on anti-counterfeit currency business management; 6. Misappropriated and occupied public finance funds; 7. Violated relevant regulations on the collection, provision, query, and related management of credit information; 8. Failed to carry out customer due diligence in accordance with regulations; 9. Failed to report suspicious transactions in accordance with regulations. The Hunan Branch of the People’s Bank of China issued a warning and imposed a fine of 2.55M yuan, with the administrative penalty decision date being March 23, 2026.

(People’s Bank of China)

(Editor: Qian Xiaorui)

Keywords:

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes