Ant Group Fined 7.123 Billion RMB

Ant Group Fined 7.123 Billion RMB

NANJING, CHINA - JULY 7, 2023 - Aerial photo shows the office building of Ant Group in Nanjing, East China's Jiangsu province, July 7, 2023. On July 7, 2023, the China Securities Regulatory Commission (CSRC) issued a statement saying that in recent years, Ant Group and its subsidiaries have violated laws and regulations in terms of corporate governance, financial consumer protection, participation in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business. Ant Group and its affiliates were fined 7.123 billion yuan (including confiscation of illegal gains).

  • Product Code
  • ILEA001508994
  • Registered date
  • 2023/7/07 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • CFOTO
  • Media size
  • 4000 × 2667 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 4.98(MB)*
  • Special instruction
  • China Out
    **The text may be generated by an automatic translation system**

*File size when opened in Photoshop, etc.

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