Compliance review of Guangdong banking industry in 2023: Rural commercial banks account for 30% of fines

According to statistics from Southern Finance's all-media reporters, in 2023, the State Financial Supervision and Administration and the Guangdong Supervision Bureau of the State Financial Supervision and Administration issued a total of 125 fines to the Guangdong banking industry (excluding Shenzhen), and the amount of fines reached a shocking figure .

Rural commercial banks accounted for 30% of fines

Among them, rural commercial banks accounted for 30% of the fines, showing that rural commercial banks have serious problems in compliance. This also reminds relevant institutions in Guangdong's banking industry to strengthen their awareness of compliance and strictly abide by regulatory regulations to avoid being fined again in the future.

Huizhou Rural Commercial Bank and others were fined over 10,000 yuan

In addition, Huizhou Rural Commercial Bank and other institutions were also fined more than 10,000 yuan, which shows that these institutions have serious risks and non-compliance in their business operations. These fines not only cause losses to the institutions themselves, but also have an impact on the image and credibility of the entire industry.

Strengthen compliance awareness and improve risk management levels

Taken together, there is still a lot of room for improvement in Guangdong's banking industry in terms of compliance. Institutions should strengthen compliance awareness, improve risk management levels, ensure legal compliance of business operations, and provide customers with more stable and reliable financial services.

Regulatory agencies should strengthen supervision

At the same time, regulatory agencies should also strengthen supervision, increase the intensity and frequency of supervision of Guangdong's banking industry, promptly discover and solve existing risks and problems, and maintain the stability and healthy development of the financial market.