Regulation
The State Administration of Financial Supervision has clarified eight major tasks for 2024
On January 30, the State Administration of Financial Supervision and Administration held the 2024 work conference to summarize the work in 2023 and deploy key tasks in 2024.
Specifically, it includes eight aspects: first, we will make every effort to promote the reform of small and medium-sized financial institutions; the second is to actively and prudently prevent and control risks in key areas; the third is to resolutely implement the requirements of strong supervision and strict supervision, and comprehensively strengthen the "five major supervision"; Fourth, take a step forward to strengthen the coordination of central and local supervision; Fifth, efforts should be made to prevent and crack down on illegal financial activities; Sixth, we will unswervingly deepen financial reform and opening up, and guide financial institutions to focus on their main business, work hard to improve internal skills, reduce costs and increase efficiency; Seventh, accurately and efficiently serve economic and social development, and make overall plans to do a good job in the "five major articles"; Eighth, the task of institutional reform should be completed in a smooth and orderly manner.
Banks
Citibank (China) President qualifications were approved
On January 30, according to the official website of the State Administration of Financial Supervision and Administration, the Shanghai Regulatory Bureau approved the qualifications of Lu Xuan as president and director of Citibank (China).
Citi announced on January 31 that it has appointed Lu Xuan as President of Citi China, who will lead Citi China's business development and operational management, drive strategic relationships with clients' businesses, and oversee compliance. Lu Xuan is also the President and Director of Citibank (China)**.
The reporter learned that Lu Xuan is a Citi "veteran" with 25 years of banking experience in Chinese mainland and Hong Kong. He joined Citi in Shanghai in 2002 and has held key positions in Corporate Banking and Commercial Banking. Most recently, he led a team as General Manager of Corporate Banking, serving large and leading corporations. He also served as President of Citi Tianjin Branch and Citi Shanghai Branch.
It is reported that Lu Xuan reported to Wu Yanyi, president of Citi North Asia and Australia. "Lu Xuan has a strong track record in business development, customer service and insight into the local market. The China market is a strategic focus for Citi, and we have a leading corporate banking presence in the local market and will further expand our presence in China. Lu Xuan is very qualified for this leadership role. Wu Yanyi commented. (Shanghai Securities News, China Securities Network).
Yangquan Rural Commercial Bank was fined 700,000 yuan
On January 30, according to the official website of the State Administration of Financial Supervision and Administration, Yangquan Rural Commercial Bank was responsible for "the mortgage appraisal fee shall be borne by the customer; The implementation of the 'three checks' system for loans is not in place;Failed to provide unified credit to the group's customers in accordance with the regulations, and was fined 700,000 yuan by the regulator.
The qualifications of the two directors of China Guangfa Bank were approved
On January 30, according to the official website, the State Administration of Financial Supervision and Administration approved the qualifications of Xu Yuehong and Liu Hui as directors of Guangfa Bank.
Large companies
The vice president of the financial leasing company of Jiangxi Bank was approved to take office
On the afternoon of January 29, the official website of the State Administration of Financial Supervision and Administration disclosed that the qualifications of the vice president of Qihui Jiangxi Financial Leasing Co., Ltd. were approved.
According to the information on the official website of Jiangxi Financial Leasing, Jiangxi Financial Leasing Co., Ltd. is a subsidiary of Jiangxi Bank (01916.).HK) initiated the establishment and holding of a large-scale financial leasing company with a banking background approved by the former China Banking Regulatory Commission. It was established in November 2015 with a registered capital of 20With RMB 200 million, it holds the first financial leasing license in Jiangxi Province and is a financial leasing company with bank holding and diversified shares.
The reporter was informed that from the latest shareholding structure of Jiangxi Financial Leasing, Jiangxi Bank is the controlling shareholder of the company, holding 75% of the company's shares74%。And Qi Hui, the vice president who was approved to take office this time, was selected from Jiangxi Bank. According to public reports, Qi Hui once served as the assistant general manager of the head office of Jiangxi Bank and worked in the bank for many years. (Finance Associated Press).
Ping An Pay Technology was fined more than 7 million yuan
On January 31, the administrative penalty information released by the Shenzhen Branch of the Central Bank showed that Ping An Pay Technology Service was due to "1Violation of institutional management regulations; 2.Violation of provisions on the management of reserves; 3.Violation of merchant management regulations; 4.Violation of liquidation management regulations; 5.Violation of account management regulations; 6.Other violations of laws and regulations that endanger the sound operation of payment institutions, damage the legitimate rights and interests of customers, or endanger the payment service market; 7.failure to perform customer identification obligations in accordance with regulations", was given a warning, and confiscated illegal gains 50551436 yuan, and a fine of 6.59 million yuan.
Ping An Pay Technology Service*** was established in 2006 and is a payment institution under Ping An One Wallet E-commerce. In 2011, it obtained a payment license and was allowed to carry out Internet payment, mobile payment, prepaid card issuance and acceptance business nationwide.