In the 59 cases of interbank business violations that have been announced, the most problematic are the provision of implicit guarantees and violations of the table, accounting for up to 30% of the cases. This is followed by illegal investment of interbank funds in non-standard business, as well as issues such as transfer of interbank funds to deposits and a small number of interbank payments.
Typical cases such as the Tianjin Banking Regulatory Bureau investigated and dealt with the case of violation of the Tianjin branch of Guangfa Bank, in the violation of the subject matter of the branch on December 23, 2014 with its own funds of 1.5 billion to invest in the A Securities Company Limited's directional asset management plan, directed to be used for the issuance of entrusted loans of 1.5 billion to the B company, entrusted loans for the B company to return to the parent company -- C company to pay for it --C Company to pay the land premium for a land parcel in Hexi on its behalf. According to the principle of "substance over form", the essence of the business was that the branch invested its own funds in the directed capital management plan for the purpose of financing 1.5 billion to Company B, a real estate development enterprise, for the purpose of paying land premium; GFB Tianjin Branch failed to accrue risk assets for the interbank investment business in accordance with the regulations; and the business was not accounted for by pledging of time deposit certificates. The pledge was not accounted for, and a fine of 300,000 yuan was imposed.
Another typical case such as the Bank of Jiangsu investigated Bank of China Jiangsu branch, similar to the above case, Bank of China Jiangsu branch for interbank entrusted directional investment business, in the business, Bank of China Jiangsu branch of the funds provider and risk material bearer, the counterparty bank only play the role of the channel, do not bear the risk. The funds are invested in its credit customers, and the invested funds also take up the credit line of the customers, but BOC Jiangsu Branch will include the business in the "regular deposit of domestic interbank" accounting account and according to the standard of the interbank assets to measure the risk and provide the corresponding capital.
In the published data, the construction bank was fined the highest amount, amounting to 9.1 million yuan; the amount of fines ranked the top four are also the traditional big four banks.