Recently, the People's Bank of China announced the administrative penalty decision on 6 rating agenciesThe total fine exceeded 34 million yuan。In addition, penalties were imposed on seven persons responsible.
According to the administrative punishment information, the six rating agencies that were punished this time are China Chengxin International Credit Rating Co., Ltd., Shanghai New Century Credit Rating Investment Service, S&P Credit Rating (China), China Securities Pengyuan Credit Rating Co., Ltd., United Credit Appraisal Co., Ltd., Far East Credit Appraisal, and the amount of fines ranged from more than 2 million yuan to more than 7 million yuan. The date of the above-mentioned administrative penalty decision is November 7, 2023.
It is understood that these six companies were mainly punished for failing to handle the record in accordance with the regulations, failing to carry out credit rating business in accordance with the statutory rating procedures and business rules, violating independence requirements, failing to disclose information or disclosing false information in accordance with regulations, and failing to submit reports to the competent department of the credit rating industry or its dispatched agencies in accordance with the regulations.
Screenshot**: People's Bank of China**.
Intern reporter Yingcao Zhuoma.
Intern Editor: Li Haochen.