Recently, a number of large state-owned banks were fined at the level of 10 million yuan. On August 5, according to the disclosure on the official website of the China Banking and Insurance Regulatory Commission, the Shenzhen banking and Insurance Regulatory Bureau issued 13 consecutive tickets to the Shenzhen Branch of the Bank of China and relevant responsible persons, and imposed a fine of 11.3 million yuan on the Shenzhen Branch of the Bank of China. It is reported that the branch is involved in handling 14 illegal and illegal matters such as export double factoring, RongXinDa business, investment banking and financial management business. it happens that there is a similar case. On July 28, industrial and Commercial Bank of China Shanghai branch also received a fine of 13.1 million yuan. The reasons for being punished included 10 items, including "financial funds were used to pay land funds in violation of regulations, and the use management seriously violated the prudent operation rules". In addition, a responsible person of the branch was warned. As of August 5, according to incomplete statistics of the securities times, the total amount of penalties imposed by the banking and insurance regulatory system on the six major state-owned banks in the year has exceeded 173 million yuan. Since the beginning of this year, the industrial and Commercial Bank of China has been fined the highest amount, about 49.8069 million yuan, and the Bank of communications has also been fined the lowest amount, 9.7226 million yuan. On August 5, the official website of the China Banking and Insurance Regulatory Commission disclosed 13 tickets against bank of China Shenzhen Branch and relevant responsible persons. In addition to the fine of 11.3 million yuan, 12 other responsible persons of the branch were warned or fined, 4 were banned from working in the banking industry for life, and 1 was disqualified from serving as an executive for 3 years. The fine of 11.3 million yuan was also the highest amount of fine imposed by the Bank of China during the year. Specifically, the Shenzhen Branch of Bank of China involves 14 illegal and illegal facts: handling export double factoring, RongXinDa business and investment banking business beyond the authority; The "three checks" of trade financing business and investment banking and financial management business are not due; The internal systems and R & D procedures of backflow factoring and hidden factoring products are not prudent; The scale of factoring financing business exceeds the control of the head office, and there is legal risk in the business; The risk management department fails to perform its duties properly; The data in the regulatory statistical report is inconsistent with the facts; Non compliance of group customer management; Failure to take risk prevention measures and start recourse procedures in time; Illegally handle the trade financing resale form and break the authorization control of the head office; Illegal use of financial management to reduce trade financing scale; The separation of loan approval and effective prevention and control of credit concentration risk have not been realized; Insufficient communication mechanism of large amount credit information; The investigation and verification work is not in place, and the risk screening is not in place; The management of job rotation, compulsory leave, performance appraisal and business data documents is not standardized. In addition to the Bank of China, the industrial and Commercial Bank of China (ICBC) also received a ticket recently. On July 28, ICBC suffered the largest fine this year. According to the official website of the Shanghai Banking and Insurance Regulatory Bureau, ICBC Shanghai branch and its branches have committed 10 violations of laws and regulations, and were ordered to make corrections and fined a total of 13.1 million yuan. At the same time, a responsible person was warned because he was directly responsible for the management of some violations. According to the disclosure of the ticket, the violations of ICBC Shanghai Branch mainly occurred between 2016 and 2020, most of which were loan business violations. Specifically, there are the following situations: granting credit loans to related parties; Some services are inconsistent in quality and price; Some loans are charged by loans; Some businesses have transfer costs; Partial collection