B · Normal
[The central bank warned Sunshine Life Insurance Co., Ltd. and fined it 3.14 million yuan for four illegal acts] On September 11, the central bank issued Yinfangjuezi [2026] No. 73-74, warning Sunshine Life Insurance Co., Ltd. and fined it 3.144 million yuan. The date for making the administrative penalty decision is June 22, 2026. The illegal acts include: 1. Failure to conduct money laundering risk assessment or improve the corresponding risk management system in accordance with regulations; 2. Failure to conduct customer due diligence in accordance with regulations; 3. Failure to report suspicious transactions in accordance with regulations; 4. Provide services and conduct transactions with unidentified customers.
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