Apr 14, 2021 03:08 PM (GMT+8) · EqualOcean
Yesterday, it was reported that Guizhou Maotai Group finance company failed to deposit the deposit reserve as required, and the Zunyi branch of the people's Bank of China fined it 200000 yuan. Relevant people of Maotai Group responded that during the long National Day holiday in 2020, due to the large fluctuation of deposits at the end of September, the company's deposit reserve management department did not have a thorough understanding of the deposit reserve policy during the holiday, resulting in calculation errors, and the low excess reserve ratio, resulting in the deposit reserve deposited with the people's Bank of China being lower than the assessment standard. After receiving the notice from the people's Bank of China, the company immediately paid the deposit reserve, held the relevant personnel accountable, timely modified and improved the relevant system and management process of deposit reserve, appropriately increased the excess reserve ratio, strengthened the business knowledge training of deposit reserve management personnel, arranged and deployed relevant compliance risk prevention and control measures to prevent the recurrence of risks.

This text is a result of machine translation.