Operator Finance Network Ding Qingyan text.
Recently, due to violations such as "flying orders", Zhongtai ** Hunan Branch and its person in charge, Yang Wenming, were issued a warning letter by the Hunan Securities Regulatory Bureau, which is also the first "flying order" fine received by the ** industry in 2024. Looking at the previous regulatory information, it can be found that Zhongtai ** has also been warned by the regulatory authorities in 2023, and the company's risk control has been relatively weak in recent years.
According to the two fines issued by the Hunan Securities Regulatory Bureau, after investigation, Zhongtai ** Hunan Branch and the former person in charge Yang Wenming in the process of conducting business, there are investment suggestions that conflict of interest with the private equity ** custody business, direct recommendation of private equity products that are not issued or sold by Zhongtai, direct commissions by introducing customers or relatives to other institutions, providing undisclosed information of the company's custody products to others, lack of WeChat group management, incomplete mobile phone filing information, non-standard fixed asset management and other violations.
Different from previous fines, this punishment is more special in that this is a typical ** industry "flying order" violation. It is reported that "flying orders" refer to the private sale of financial products not issued or sold by the company, which is a violation.
It should be noted that "flying orders" products often come from unknown institutions that do not meet the access standards of financial institutions such as ** companies, and such products have not been strictly reviewed by ** companies, and there are huge uncertainties in product safety and contract standardization, which are very easy for customers to suffer losses.
Therefore, "flying orders" are usually some salespeople who do not hesitate to exaggerate the packaging products in order to make a profit, and help anonymous institutions to sell them in violation of regulations.
In addition to being fined for "flying orders" this year, Zhongtai ** has also been warned by the regulatory authorities in 2023. On July 28, 2023, Zhongtai ** was issued a warning letter by the Shandong Securities Regulatory Bureau for failing to effectively manage the undisclosed meeting information recorded by the employees of the institute, resulting in the information being leaked and disseminated on the network, constituting a violation.
Behind the repeated warnings, it has been exposed that there are still weak links in the current risk control and compliance of Zhongtai **, and the compliance management problem is imminent, and it is urgent to strengthen the construction of internal control and improve the level of compliance operation in accordance with the law.
The general manager of Zhongtai ** is Feng Yidong, the compliance director is Qi Bing, and the chief risk officer is Hu Kainan, I don't know if they attach importance to this, how Zhongtai ** will develop in the future, and the operator's finance will continue to pay attention.