Financials Nov 28, 2021 10:37 AM (GMT+8) · EqualOcean
Recently, TenPay's foreign exchange business was fined and confiscated 2.78 million yuan for violation of regulations. In response, TenPay responded that for the problems found in the routine inspection from 2019 to 2020, TenPay has formulated an improvement plan for the first time and implemented it item by item. At present, all rectification has been completed. Subsequently, the compliance management will be further strengthened under the guidance of the Shenzhen Branch of the State Administration of foreign exchange.