China Financial Authority Imposed More than $46 Million in Fines to Financial Institutions, China Citic Bank Fined $31.5 Million for 56 Violations & Ex-Citic Bank President Sun Deshun Convicted of Violations, China Construction Bank Fined $5.3 Million, Bank of China Fined $5.1 Million, Agricultural Bank of China Fined $3.8 Million, More Fines on Minsheng Bank, Bohai Bank, IB Wealth Management, Sun Life Everbright Asset Management, China Life Asset Management, People’s Insurance Company Group of China and Sunshine Property & Casualty Insurance
8th December 2023 | Hong Kong
China financial authority (National Administration of Financial Regulation) has imposed more than $46 million (CNY 326 million) in fines to financial institutions, with China Citic Bank fined $31.5 million for 56 violations & ex-Citic Bank President Sun Deshun convicted of violations. China Construction Bank is fined $5.3 million, Bank of China is fined $5.1 million, Agricultural Bank of China is fined $3.8 million, and more fines on Minsheng Bank, Bohai Bank, IB Wealth Management, Sun Life Everbright Asset Management, China Life Asset Management, People’s Insurance Company Group of China and Sunshine Property & Casualty Insurance.
“ China Financial Authority Imposed More than $46 Million in Fines to Financial Institutions, China Citic Bank Fined $31.5 Million for 56 Violations & Ex-Citic Bank President Sun Deshun Convicted of Violations, China Construction Bank Fined $5.3 Million, Bank of China Fined $5.1 Million, Agricultural Bank of China Fined $3.8 Million, More Fines on Minsheng Bank, Bohai Bank, IB Wealth Management, Sun Life Everbright Asset Management, China Life Asset Management, People’s Insurance Company Group of China and Sunshine Property & Casualty Insurance “
China Financial Authority Imposed More than $46 Million in Fines to Financial Institutions
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit