There are violations of laws and regulations. China Life Lake State Branch has been fined
Author:Science and Technology Finance Time:2022.08.17
On August 17, 2022, the China Banking Regulatory Commission Huzhou Supervision Branch Administrative Penalty Information Disclosure Table (Husin Banking Insurance Supervisory Decision [2022] No. 6) showed that due to failure to investigate the case, the relevant information was not provided accurately. According to the "The Insurance Law of the People's Republic of China "Article 169 (1), and Article 171, a fine of RMB 60,000 in Huzhou Branch of China Life Insurance Co., Ltd. warned the competent person in charge and fined finesRMB 10,000, penalty time on August 12, 2022.
Source: China Banking Regulatory Commission website.
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