On February 12, 2026, the People’s Bank of China publicly announced a batch of administrative penalty decisions. In response to multiple violations and illegal activities by China Construction Bank Corporation (hereinafter referred to as “CCB”), strict penalties were imposed in accordance with the law. Simultaneously, 22 responsible individuals were held accountable, with total fines and confiscations reaching 43,506,075.67 yuan, demonstrating the regulatory authorities’ firm commitment to strengthening financial compliance supervision, cracking down on illegal activities, and preventing financial risks.

It is reported that the penalty decision document number for CCB is Yinfa Zhi [2026] No. 5.

Upon investigation, the bank was found to have 10 violations covering core business areas such as account management, designated merchant management, Renminbi circulation, anti-counterfeit currency, fiscal fund management, credit reporting compliance, and anti-money laundering.

Specifically, these include violations of account management regulations, designated merchant management regulations, Renminbi circulation management regulations, anti-counterfeit currency business management regulations, occupying fiscal deposits or funds, and violations of regulations related to the collection, provision, and inquiry of credit information and related management.

In terms of anti-money laundering responsibilities, the bank also failed to perform customer identity verification as required, did not properly retain customer identity data and transaction records, failed to report large transactions or suspicious transactions as required, and conducted transactions with unidentified customers. The scope and severity of these violations highlight significant internal compliance control gaps.

Based on these violations, the People’s Bank of China issued a heavy penalty to CCB:

A warning was issued, illegal gains of 551,975.67 yuan were confiscated, a fine of 42,955,100 yuan was imposed, totaling penalties and confiscations of 43,506,075.67 yuan, with a responsibility accountability period of five years.

This penalty is not only directed at the institution but also enforces a strict “institution + individual” dual penalty system, assigning responsibility to specific positions and personnel. The 22 responsible individuals, who directly contributed to the violations, were each given warnings and fines ranging from 10,000 to 150,000 yuan, with a responsibility accountability period of five years.

Regarding the distribution of responsible personnel, these 22 individuals are from various core departments, branches, and affiliated subsidiaries of CCB, including the Personal Finance Department, Settlement and Cash Management Department, Internet Finance Department, Credit Card Center, Loan Management Department, Inclusive Finance Division, Internal Control and Compliance Department, as well as branches such as Wuhan Data Center and Beijing Branch Cash Service Center, and the Big Data Center of Jianxin Financial Technology Co., Ltd. This reflects the comprehensive and penetrating nature of the regulatory accountability.

Specifically, Li from the Personal Finance Department was responsible for violations of account management regulations and was warned and fined 150,000 yuan—the highest fine among those held accountable.

Four individuals from the Settlement and Cash Management Department, Fang and Lu, the Credit Card Center’s Chen, and Liao from the Beijing Branch Cash Service Center, each received warnings and fines of 100,000 yuan for related violations.

Xiong from the Internet Finance Department was fined 70,000 yuan for two anti-money laundering violations.

Liang from the Inclusive Finance Division was fined 70,000 yuan for violating credit reporting regulations.

The remaining 16 responsible persons were fined between 10,000 and 55,000 yuan for various violations, with four of them only receiving fines without warnings.

This concentrated enforcement by the People’s Bank of China against CCB and its responsible personnel sends a clear regulatory signal: as a core participant in the financial market, financial institutions must adhere to compliance principles, strengthen internal compliance controls, and strictly implement regulatory requirements such as account management, anti-money laundering, credit reporting, and designated merchant management, fulfilling their primary responsibilities. Additionally, they should establish sound accountability mechanisms, ensuring compliance responsibilities are layered and assigned to every position and employee, preventing a tendency to prioritize business over compliance.

As a state-owned major bank, CCB’s heavy penalties for multiple violations not only damage its brand image but also serve as a warning to the entire banking industry. Currently, financial regulation is becoming increasingly strict, and compliant operation has become the lifeline for the survival and development of financial institutions. Any behavior that disregards regulatory rules or neglects internal compliance will face severe penalties. This enforcement also serves as a reminder for all financial institutions to take this incident as an opportunity to conduct comprehensive compliance self-inspections, promptly identify and rectify compliance risks, improve internal management systems, strengthen employee compliance education, and enhance overall compliance levels. Meanwhile, industry personnel should also strengthen their compliance awareness, perform their duties strictly in accordance with the law, prevent violations, and jointly maintain the stable and orderly development of the financial market.