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	<title>China Bohai Bank Archives - Asian Private Banker</title>
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		<title>Chinese regulator fines six banks for WMP-related breaches</title>
		<link>https://asianprivatebanker.com/private-wealth/regulations/chinese-regulator-fines-six-banks-for-wmp-related-breaches/</link>
		
		<dc:creator><![CDATA[Alice So]]></dc:creator>
		<pubDate>Tue, 11 Dec 2018 11:05:50 +0000</pubDate>
				<category><![CDATA[Private Wealth]]></category>
		<category><![CDATA[Regulations]]></category>
		<category><![CDATA[Bank of Communications]]></category>
		<category><![CDATA[CBIRC]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[China Bohai Bank]]></category>
		<category><![CDATA[China CITIC Bank]]></category>
		<category><![CDATA[China Everbright Bank]]></category>
		<category><![CDATA[China Minsheng Bank]]></category>
		<category><![CDATA[China Zheshang Bank]]></category>
		<category><![CDATA[WMPs]]></category>
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					<description><![CDATA[<div><img width="800" height="400" src="https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-800x400.jpg" class=" wp-post-image" alt="" decoding="async" srcset="https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-800x400.jpg 800w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-300x150.jpg 300w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-1024x512.jpg 1024w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-768x384.jpg 768w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-1536x768.jpg 1536w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-400x200.jpg 400w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-600x300.jpg 600w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672.jpg 1920w" sizes="(max-width: 800px) 100vw, 800px" /></div>
<p><img width="1920" height="960" src="https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672.jpg" class="attachment-full size-full wp-post-image" alt="" style="float:right; margin:0 0 10px 10px;" decoding="async" fetchpriority="high" srcset="https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672.jpg 1920w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-300x150.jpg 300w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-1024x512.jpg 1024w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-768x384.jpg 768w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-1536x768.jpg 1536w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-800x400.jpg 800w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-400x200.jpg 400w, https://asianprivatebanker.com/wp-content/uploads/2018/03/china-1268148_1920-e1649069089672-600x300.jpg 600w" sizes="(max-width: 1920px) 100vw, 1920px" />The Chinese Banking and Insurance Regulatory Commission (CBIRC) has fined six local banks over multiple regulatory breaches, focusing on misconducts relating to wealth management products (WMPs). A total fine of RMB 156.3 million was imposed on six lenders, namely China Zheshang Bank, China Minsheng Bank, China Everbright Bank, China CITIC Bank, China Bohai Bank, and Bank of Communications. China Zheshang [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asianprivatebanker.com/private-wealth/regulations/chinese-regulator-fines-six-banks-for-wmp-related-breaches/">Chinese regulator fines six banks for WMP-related breaches</a> appeared first on <a rel="nofollow" href="https://asianprivatebanker.com">Asian Private Banker</a>.</p>
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