China Minsheng Bank, China Everbright Bank and Huatai Securities have been fined a combined 52mn yuan for failures in customer identification, transaction reporting and record keeping.
AML, CBIRC, China Construction Bank, China Everbright Bank, China Minsheng Bank, CTF, customer identification, FATF, Huatai Securities, Money Laundering, PBOC, STRs, suspicious transaction reports, transaction reports