Jul 05, 2021 02:31 PM (GMT+8) · EqualOcean
According to the information from the Insurance Regulatory Commission of the Bank of China, the CIRC recently imposed administrative penalties on the postal savings bank of China for a number of illegal charges. Punishment information shows that the main illegal facts of postal savings bank include: charging annual fees and small account management fees from some customers in violation of regulations, handling SMS charging business in violation of regulations without the consent of customers, submitting false materials to regulatory agencies, etc. According to relevant laws and regulations, the Bureau of banking and insurance decided to confiscate 11401116 yuan of illegal income from postal savings bank, impose a fine of 437677425 yuan, and confiscate a total of 449078541 yuan. At the same time, the CIRC also gave warning and punishment to the two general managers of personal finance department of postal savings bank.

This text is a result of machine translation.