Financial industry news for 9/30: According to the administrative penalty information disclosure table from the Hanzhong Financial Regulatory Bureau, PICC Auto Insurance Sales Service Hanzhong Branch was fined 12 million yuan for leveraging business convenience to secure illegitimate benefits for other institutions. Additionally, Zhang Bo received a warning and a fine of 1 million yuan for the same violation.
Fine details:
No. Party Name Main Violations Administrative Penalty Decision-Making Authority 1 PICC Auto Insurance Sales Service Co., Ltd. Hanzhong Branch and relevant responsible persons Exploited business convenience to secure illegitimate benefits for other institutions Fined PICC Auto Insurance Sales Service Co., Ltd. Hanzhong Branch 12 million yuan. Issued a warning and fined Zhang Bo 1 million yuan. Hanzhong Financial Regulatory Bureau
