Jan 06, 2022 10:19 PM (GMT+8) · EqualOcean
Financial Associated Press, January 6 - Guangzhou Branch of the people's Bank of China issued a ticket, pointing at Guangzhou Rural Commercial Bank Co., Ltd. and its relevant principals. The ticket shows that the main violation facts of Guangzhou Rural Commercial Bank Co., Ltd. are the following provisions of anti money laundering laws and regulations: 1. Failing to perform the customer identification obligations as required; 2. Failing to submit large value transaction reports or suspicious transaction reports as required; 3. Transactions with unidentified customers. In response to the above violations, Guangzhou Branch of the people's Bank of China imposed a fine of 5.9 million yuan on Guangzhou Rural Commercial Bank Co., Ltd.